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Tuesday, 26 August 14
GOVT ON TRACK TO LIMIT COAL OUTPUT - THE JAKARTA POST
 The government has announced that it will proceed with plans to cap the production of coal next year, a move aimed not only at protecting the environment but also at helping stem a decline in global coal prices.
Amid projections that coal prices would remain low next year, the government expressed optimism that it could limit annual coal production to around 400 million tons once the policy takes effect next year.
“It [the quota] will not exceed 400 [million tons]. But they [companies] are still allowed to export,” the mineral and coal director general at the Energy and Mineral Resources Ministry, R. Sukhyar, told The Jakarta Post recently.
“Companies only need to adjust their capacity and the facilities [to comply with the policy]. I don’t think the policy will cause any problems,” he said.
The government projects that total coal production will reach 421 million tons this year, the same amount that was produced in 2013. Around 25 percent of coal produced services domestic demands, while the remaining 75 percent is exported abroad.
Indonesia is Asia's biggest exporter of thermal coal for power plants.
Coal production remained strong in the last couple of years despite a decline in global coal prices of US$73 per ton this year and $82 per ton last year, according to the Energy and Mineral Resources Ministry. The price for coal peaked in 2010 at over $100 per ton. (ren)
Source: The Jakarta Post
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Friday, 26 September 14
NEWCASTLMAXES ARE THE MOST SOUGHT AFTER VESSELS BY SHIP OWNERS TODAY SAYS VESSELS VALUE
KNOWLEDGE TO ELEVATE
Determining a ship’s fair value can be a very tricky business, especially when you’re the one paying. As such ...
Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta ...
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- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Parliament of New Zealand
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
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