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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 $2.25 million, of Medco’s bottom line in the first half.
Meanwhile, Medco’s chief financial officer, Lany Wong, said the energy company expected to secure bank loans within the next two to three months to refinance its loans, which are due to mature in 2015, the paper said.
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Saturday, 30 August 14
RECOVERY IN SIGHT FOR THE DRY BULK SHIPPING MARKET - DREWRY SHIPPING CONSULTANTS
Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities ...
Friday, 29 August 14
U.S. WEEKLY COAL PRODUCTION DROPS 1.3 PERCENT, EIA SAYS
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...
Friday, 29 August 14
ADARO'S PROFITS SINK FURTHER AMID FALL IN COAL PRICES - JP
Adaro Energy, one of the country’s largest coal miners, has reported a 31 percent drop in net profit in the first half of this year as global ...
Friday, 29 August 14
CHINESE LIGNITE IMPORTS: QUANTITY OVER QUALITY? - CLARKSONS
In the first half of 2014, Chinese seaborne coal imports declined 0.4% y-o-y to 148mt, largely reflecting a 3.3% fall in imports of steam coal. Mea ...
Thursday, 28 August 14
PANAMAX: OWNERS CAN GET AROUND USD 16000 FOR A FRONTHAUL; PERIOD MARKET - VERY QUIET - FEARNLEYS
Handy
The activity and sentiment is improving in the Atlantic with the general TA rate is up about US$ 800 w-o-w. We see more South American carg ...
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- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- India Bulls Power Limited - India
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