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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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Tuesday, 26 February 19
THE RELATIVELY DISAPPOINTING SCENE PORTRAYED IN THE DRY BULK MARKET RIGHT NOW - ALLIED SHIPBROKING
The relatively disappointing scene portrayed in the dry bulk market right now (especially in the Capesize segment) is undoubtedly one of the prevai ...
Friday, 22 February 19
AUSTRALIAN HIGH CV THERMAL COAL PRICES AT 19-MONTH LOW, BUT NOT FOR LONG - WOOD MACKENZIE
The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has be ...
Wednesday, 20 February 19
EFFECTIVE NOTICES OF ARBITRATION - AVOIDING WASTED COSTS AND A POTENTIALLY TIME-BARRED CLAIM
KNOWLEDGE TO ELEVATE
In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that ow ...
Wednesday, 20 February 19
SHIPPING MARKET INSIGHT - INERMODAL
Market experts mostly agree that the recent dry bulk market downtrend was caused by seasonal slowdown amid the Chinese New Year celebrations in com ...
Tuesday, 19 February 19
AUSTRALIA'S COAL FUTURE UNDER THREAT AS MORE CHANGES HIT FOSSIL FUELS GLOBALLY - ABC
Two disparate decisions from opposite corners of the world have sounded warnings for the future of Australia’s coal industry.
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- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Planning Commission, India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
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