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Saturday, 11 October 14
COAL PRODUCTION RISES ONLY SLIGHTLY AS GOVT LIMITS MINING OPERATIONS - THE JAKARTA POST
Indonesian coal production rose by only 4 percent in the first nine months of this year, a relatively low increase compared to previous years, as the government tried to slow the country’s coal production growth, the Jakarta Post reported.
The first nine months coal production hit 310.84 million tons, compared to the 299 million tons in the same period last year.
According to Director for coal at the Energy and Mineral Resources Ministry, 234.76 million tons coal was shipped to foreign buyers in first nine month and the domestic market had absorbed 75.19 million, the post further said.
The ministry’s mineral and coal directorate general has capped total coal production at a maximum 421 million tons this year. “The 421 million tons is our upper limit. By year end, we are sure that the coal output will be in the 400 million ton range,” the director general for minerals and coal, R. Sukhyar, said, as quoted by paper.
The paper further said, the government has asked mining companies to obtain coal exporter status, known locally as ET Batubara, if they export part of their production. The regulation, which became effective on Oct. 1, was issued to ensure that no coal being shipped overseas was procured from illegal mining companies.
As quoted by paper, according to Bambang, his office had issued recommendations for 160 companies to process the ET with the Trade Ministry. Out of that number, 36 companies held coal contracts of work, locally known as PKP2B. Meanwhile, 91 recommendations were issued to coal mining permit (IUP) holders and the remaining 33 to coal trading and transportation firms (IUP OPK) holders.
There are 73 coal contract of work (CCoW) holders in the country, of which 55 were already in production with total production accounting for 80 percent of the national output. Meanwhile, 1,394 IUP holders currently in production contributed to the remaining 20 percent.
Given that many CCoW holders have still not secured an export recommendation, the government is expecting a further slowdown in coal production and exports in the fourth quarter of the year.
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Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...
Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates c ...
Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...
Tuesday, 09 September 14
WEAK M&A DESPITE ABUNDANT DISTRESSED INDONESIA COAL ASSETS - FITCH RATINGS
COALspot.com: Fitch Ratings says that a meaningful level of merger and acquisition (M&A) activity leading to a consolidation of the coal sector ...
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- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- The University of Queensland
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Edison Trading Spa - Italy
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