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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 Tambang Sumber Alam (DTSA) mine, as quoted by The Jakarta post.
According to paper, DTSA mine will begin production in the fourth quarter of 2014 or next year at the latest.
At present, DTR, Medco’s another mine produces 600,000 tons to 700,000 tons of coal per year. Production from the DTSA mine is expected to be around 300K per annum starting from early next year.
Both DTR and DTSA are located in Nunukan, North Kalimantan, and their coal has high calorific value. DTR began production in 2012 and most of its coal output is exported to meet international needs, the post further said.
Medoc DTR mine produces high value and high sulphur coal. According to HBA specification, Medco produces coal with calorific value 6500 GAR and 3.28% of Sulphur of coal. Medco also produces another type of coal says 6,200 kcal/kg GAR and 4% sulphur coal, the HBA data shows.
According to Medco’s data, as quoted by paper, its coal mining business accounted for 5.9 percent of its total revenue during the first six months of the year. While the firm’s total revenue stood at US$360.37 million, coal’s contribution amounted to $21.43 million. However, in terms of profits, the coal business made up a quarter, or $2.25 million, of Medco’s bottom line in the first half.
Meanwhile, Medco’s chief financial officer, Lany Wong, said the energy company expected to secure bank loans within the next two to three months to refinance its loans, which are due to mature in 2015, the paper said.
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Wednesday, 15 October 14
SHIPOWNER NOT LIABLE FOR CARGO DAMAGE RESULTING FROM POOR STOWAGE - CLYDE & CO
KNOWLEDGE TO ELEVATE
Russian metal trading company Yuzhny Zavod Metall Profil (YZMP), the holder of a CONGEN 1994 bill of lading, took delivery o ...
Wednesday, 15 October 14
NEWCASTLE SHIPPED 13.96 MILLION TONS OF COAL IN SEPTEMBER; UP 5.72%
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1,227.7 wor ...
Tuesday, 14 October 14
KING COAL UNDER ATTACK? - EVA TZIMA
With the last quarter of the year being well underway and with no strong signs that the Dry Bulk market could be ready for a big positive reversal, ...
Tuesday, 14 October 14
THE NEW CHINESE TRANSPORTATION TAX LAW: WHAT DOES IT MEAN FOR GREEK SHIPPING? - DELOITTE
China has recently promulgated a new law which imposes tax on profits from freights of inbound routes. The objective of the new tax law titled &ldq ...
Monday, 13 October 14
CHINESE COAL IMPORT TARIFFS YET ANOTHER BLOW TO AUSTRALIAN COAL EXPORTS - TIM BUCKLEY
COALspot.com: China’s unexpected move to reintroduce thermal coal import tariffs of 6% will have a materially negative impact on the viabilit ...
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- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- The University of Queensland
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
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