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Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT


China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand in the country, an Indonesian senior official said Wednesday.

Bambang Setiawan, director general of Minerals and Geothermal at the Mineral Resources Ministry, said the government's plan to limit coal export would be legalized through four decrees expected to be signed later this year.

The limitation is essential to secure the coal supply for state-run power plant PLN that will operate new power plants.

"PLN's new power plants could require 65-70 million tons a year," Bambang was quoted a saying by the detik.com.

He added that total coal production this year is estimated to reach 230 million tons with allocation for PLN's existing power plants at 40-46 million tons.
Source: China View



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Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
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Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
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