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Monday, 01 February 16
INDONESIA'S SECOND LARGEST COAL MINER ADARO ENERGY HAS PRODUCED 51.46 MT IN 2015; 8% LOWER COMPARED TO FY14
 COALspot.com: Adaro Energy, the Indonesia’s second largest coal producer by volume has produced 51.46 Mt in 2015, 8% lower compared to FY14 and slightly below miner’s 52 Mt to 54 Mt production guidance in 2015, the company says, in its Fourth Quarter of 2015 Activities Report.
In the fourth quarter of 2015, according to the company’s fourth Q42015 activities report, the company produced 11.64 million tonnes, 19% lower compared to the same period in 2014.
The company further noted in the report that, the company has removed 53.56 million bank cubic meter (Mbcm) of overburden in the quarter, 31% lower than 4Q14.
The report says, the company has sold 11.91 Mt of coal in Q4’15, 19% lower compared to 4Q14. The sales of E4900 in 2015 increased by 11% compared to the year before, while E5000 and E4000 decreased by 22% and 62% respectively, compared to FY14.
The company, since the fourth quarter of 2015, started to sell a blend of Wara and Balangan product. The Wara Balangan blend improves the quality of Wara’s E4000 product and opens up market in the lower heat value coal category. According to the company, the blend of Wara and Balangan product has been well received by customers in China and India.
According to Indonesia’s second largest coal miner by volume, in spite of some supply response, mainly from Indonesia, it was not enough to restore balance in the market. The countries such as Australia, Russia and South Africa – which were benefitted from the depreciation of their respective currencies to US Dollar, continue to increase production in 2015. This coupled with macro uncertainty and slower demand growth from main coal-consuming countries has prolonged the oversupply.
The company also forecast that the world’s coal market to remain challenging in the near term, and the company to maintain flat production in 2016 of 52 Mt to 54 Mt. The company also expects the company’s coal cash cost to further decline in 2016 to US$26 a tone to US$28 a tonne as oil price continues to weaken and a lower blended average strip ratio of 4.71x.
“ We will continue to execute efficiency across the Group’s operations, improve productivity, preserve cash and implement prudent capital spending,” company says.
PT Adaro Indonesia (AI)
In 4Q15, AI produced 11.39 Mt and sold 11.30 Mt of Envirocoal, lower by 19% and 20% compared to 4Q14, respectively. The company also begins to sell a blend of E4000 and Balangan coal, and sold 0.25 Mt of this coal blend. AI’s total coal production in FY15 was 50.35 Mt, 9% lower compared to FY14.
During 4Q15, AI loaded 66% of its coal tonnage to vessels using floating cranes, 15% by self-geared vessels and 18% was barged directly to domestic customers, report says.
The company also claimed that, the company was continued to be a leading supplier to the domestic market and are committed to meeting Indonesia’s growing coal demand and the Domestic Market Obligation. The company’s domestic sales portion for the year (2015) was 22%.
According to report, AI has shipped 16% of its coal to China, 13% to India, 10% Japan, south Korea & Hong Kong 8% respectively, Malaysia and Spain 7% respectively and others 9% in 2015.
Adaro Energy is planning to produce 52 Mt to 54 Mt of coal and it is expecting to keep its coal cash cost between US$26 to US$28 per ton in 2016.
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Wednesday, 17 February 16
TAP ON OPPORTUNITIES IN GROWING ELECTRICITY DEMAND AND NEW COAL POWER PROJECT DEVELOPMENTS IN THE PHILIPPINES - IBC
Tap on Opportunities in Growing Electricity Demand and New Coal Power Project Developments in the Philippines
Coal Power Generation 2016
19- ...
Wednesday, 17 February 16
THE OWNERS FACING HISTORICAL LOW DRY BULK RATES; COAL IMPORTS TO CHINA IS STILL POINTING TO A STRONG TREND OF DECLINING CONSUMPTION
The sharp fall in dry bulk rates that has been taking place since the end of last year and has left owners facing historical low rates for a substa ...
Monday, 15 February 16
CALL THE DOCTOR! SHIPPING'S MEDICAL DRAMA UNFOLDS......- CLARKSONS
The recycling market has started 2016 with a bang, with a huge volume of tonnage heading to demolition facilities. Many of the key shipping markets ...
Monday, 15 February 16
CS 42 COAL INDEX ROSE 0.07% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.15 percent week over week to averaging $38.96 per ton on this past Friday, ...
Monday, 15 February 16
BALTIC INDEX MARGINALLY ROSE BY A POINT D-D; CAPESIZE INDEX DOWN 13 POINTS W-W; PANAMAX INDEX UP 29 POINTS W-W
COALspot.com: The freight markets continued to fall this past week.
The BDI, The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measu ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- The University of Queensland
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
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