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Friday, 21 June 19
INDONESIA'S BAYAN RESOURCES SIGNED A COAL SUPPLY AGREEMENT WITH THE BANGLADESH BCPCL TO SUPPLY 23 MILLION TONS OF COAL FOR 10 YEARS
 On Monday, 17th June 2019, PT. Bayan Resources signed a Coal supply Agreement with the Bangladesh- China Power Company (Pvt.) Limited. BCPCL is a joint venture between the North-West Power Generation Company Bangladesh Limited (NWPGCL) and China National machinery Import and Export Corporation (CMC).
According to press release of company, the coal will be supplied to the 1st phase of the Payra 1320MW Thermal Power Plant which has been constructed at Kalapara Upazila located in the Patuakkhali District in southern Bangladesh.
The Agreement has an initial 10 years term from the date of commencement of delivery which is currently expected in June 2020 with a further 10 year extension option after this. In the meaning, the Bayan Resources will supply coal to BCPCL for commissioning purposes with this coal expected to commence delivery in Q3 2019.
The press release further noted that, the agreement volume for the initial 10 year period is 23 million tonnes which would value this Agreement at well over US$ 1 billion using current market pricing. The majority of the coal to be supplied under this Agreement will be produced from the Bayan's world-class Tabang project in East Kalimantan.
The President Director of Bayan, Dato' Dr. Low Tuck Kwong who attended the signing ceremony in Bangladesh, stated "This contract represents not only the beginning of a new relationship between our two companies but also a strengthening of the relationship between our two countries. Bayan is very honored to be selected as the first major coal supplier to the Payra 1320MW Thermal Power Plant and we envisage that, with this first step, Bayan's Tabang coal will become a well-accepted staple in Bangladesh’s growing power sector"
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Wednesday, 12 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
This year’s tanker S&P activity keeps edging higher compared to the same period in 2018. Year to date we have seen some 143 ships, rangin ...
Tuesday, 11 June 19
INDONESIAN COAL PRICE REFERENCE SET AT $81.48 PER TON IN JUNE, DOWN 15.66 PERCENT YEAR-ON-YEAR
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 10 June 19
CONSECUTIVE OWNERS OF CARGO: WHO HOLDS TITLE AND THE RIGHT TO SUE? - COLIN BIGGERS & PAISLEY
KNOWLEDGE TO ELEVATE
In Tritton Resources Pty Ltd v Ever Rock Navigation S.A. [2019] FCA 276, the Federal Court considered the application of ...
Monday, 10 June 19
KOSPO INVITES BIDS FOR 1,305,000 MT OF MIN 5600 KCAL/KG NCV COAL FOR SEPT 2019 TO DEC 2021
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 435,000 MT (per year) of max 5,600 kcal/kg N ...
Sunday, 09 June 19
SUPRAMAX: ASIA LOST GROUND; THE INDIAN OCEAN SAW SLOWER ACTIVITY - BALTIC BRIEFING
Capesize
The market continued in an unusually steady ascent last week. With no major news in the market, each day improved on the last, breakin ...
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- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
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