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Friday, 28 February 14
PTBA TO INCREASE ITS COAL TERMINAL'S LOADING CAPACITY TO 25 MILLION TONS PER ANNUM BY JULY 2014
COALspot.com: PT. Bukit Asam (PTBA), the Indonesian government owned coal miner operates several coal mining units in Sumatera as well as in Kalimantan. Tarahan Coal Terminal which is located at Bandar Lampung, approximately 410 km by rail from the company's coal mine Tanjung Enim a fully owned and operated by PT. Bukit Asam.
PTBA is currently upgrading the capacity of Tarahan Port through the construction of new jetty that can accommodate a cape size vessel, which is expected to start its operation second half of this year.
According to PTBA, the completion of Tarahan port expansion will increase company's annual capacity to 25 million tons per annum from existing capacity of 13 million tons per annum. Once the port is ready for commercial operation, then the port will operate an newly developed Jetty which be able to accept cape size vessels of up to 200K DWT, in addition to the existing jetty with a capacity of berthing up to Panamax vessel of 80K DWT.
According to company's website, the company currently operating three stockpiles. The first stockpile handles coal form it's Air Laya and Muara Tiga Besar mining unit, the second stockpile handles coal only from Muara Tiga Besar mining unit. Meanwhile, its third stockpile handles coal from Banko Barat mining unit.
According to company's financial statement for the year ended 31 December 2013, this expansion of port will be also supported by the increased the capacity of coal stockpile to 0.86 million tons from existing capacity of 0.56 million tons. The stockpile also will be equipped with two new additional RCD (Rotary Car Dumpers) by July this year to support company's mining as well as logistic operation.
In the meantime, the government of Indonesia is also planning to cap the coal production to push the coal prices to upwards. Once the government impalement the output cap or reject the coal miners request to increase their coal output in 2014, then Indonesia may maintained the same output of 2013 or even lesser.
PTBA's total sale of coal is reached to 17.76 million tons in 2013. The company said in January 2014, the company is planning to increase its coal sales to 24.7 million tons in 2014, up 38% from its 2013 coal sales of 17.76 million tons. PTBA has to increase its coal output to utilize the full capacity of Tarahan coal terminal's new futures to achieve its target goals.
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Sunday, 02 March 14
THE FREIGHT MARKET WAS STEADY TO FIRM THIS PAST WEEK - CAPT. REDDY
COALspot.com: The freight market was steady to firm this past week. The BDI was up 7.06 pct and closed at 1258 points and the cape index was also fi ...
Friday, 28 February 14
U.S PRODUCED 1.9% LESS COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.8 million short tons (mmst) of coal in ...
Friday, 28 February 14
DRY BULK MARKET SLOWLY BUT STEADILY FINDS ITS FOOTING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, hit by the low seasonal demand which is a typical characteristic of the first quarter of each year, is beginning to emerge from ...
Thursday, 27 February 14
PANAMAX : MARKET CONTINUED TO DECLINE IN THE ATLANTIC
Handy
The Atlantic handy/supra market experienced a downward trend this week but not a dramatic one. TA rates are down around USD 800 w-o-w lead b ...
Thursday, 27 February 14
SHIPPING LOANS WORTH $5 BILLION HAVE CHANGED HANDS OVER THE PAST YEAR, AS FUNDS INVEST IN SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Funds investing in shipping has been the "talk of the town" over the past couple of years, as institutional investors, private equity and ...
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- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
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- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
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- AsiaOL BioFuels Corp., Philippines
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- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
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- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
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- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
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- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
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- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
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