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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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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 ...
Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
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- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- PTC India Limited - India
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
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