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Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
 PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro MetCoal Companies (AMC), 7% higher compared to 2018 and higher than our 2019 production guidance of 54-56 Mt.
According to Adaro Energy Quarterly Activities Report Fourth Quarter of 2019, Overburden removal reached 272.09 million bank cubic meter (Mbcm), 1% lower y-o-y, and resulted in a blended actual strip ratio of 4.69x for 2019. The strip ratio result was slightly higher than the company’s 2019 guidance of 4.56x.
Adaro’s report further noted that, solid demand for their thermal and metallurgical coal products underpinned their 2019 sales achievement of 59.18 Mt, 9% higher year-over-year (y-o-y).The Southeast Asia region remained as Adaro’s leading sales destination, constituting 42% of AE’s sales in 2019. AE’s coal production in 4Q19 reached 13.91 Mt, 8% lower than 4Q18, to comply with the production plan of each coal mining subsidiary and coal sales in 4Q19 was 14.52 Mt, a 4% decrease from 4Q18. Overburden removal in 4Q19 reached 62.07Mbcm, and resulted in a strip ratio of 4.46x, 10% and 3% lower compared to 4Q18.
Adaro Energy’s Quarterly Activities Report Fourth Quarter of 2019 further said, despite macro and industry challenges in 2019, demand for Adaro coal remained solid. Customers continued to inquire for company’s Envirocoal product as they recognize and value the low pollutant content of the coal and the reliability of supply company provides.
Sales to Southeast Asia, according to the report, including Indonesia, constituted 42% of total sales volume in 2019. The company’s sales volume to Southeast Asia increased 14% y-o-y. Indonesia and Malaysia were Adro’s two biggest markets in Southeast Asia. Meanwhile, East Asia made up 29% of sales, followed by India and China at 15% and 12%, respectively. This is in line with India’s higher coal import in 2019.
The following shows the geographical breakdown of Adaro’s customers in 2019.
Southeast Asia 42% | East Asia 29% (Excluding China) | India 15% | China 12% AND Others 2% (include Europe, New Zealand and Pakistan)
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Wednesday, 12 February 20
MARKET INSIGHT - INTERMODAL
The recent Coronavirus outbreak in China has led to a global health emergency by World Health Organization and it is yet to be seen how long the ph ...
Wednesday, 12 February 20
CHANGES IN LNG MARKET COULD UNDERCUT PLANS FOR NEW JAPANESE COAL PLANTS - CLYDE RUSSELL
Reuters: Clyde Russell
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a short-term phenomenon that may wel ...
Wednesday, 12 February 20
THE SHIPPING INDUSTRY SEES FREIGHT MARKETS IN A COMPLETE STATE OF COLLAPSE AS DEMAND GETS PARALYZED DUE TO CORONAVIRUS OUTBREAK - ALLIED
With China and the world still trying to contain the effects and come to terms with the Wuhan novel coronavirus outbreak, the shipping industry see ...
Wednesday, 12 February 20
WORLD STEEL PRODUCTION IN 2019 - BANCHERO COSTA
In a worrying development, global steel production slowed down considerably in the fourth quarter of 2019. In the final 3 months of 2019, total cru ...
Sunday, 09 February 20
SUPRAMAX: THE ASIAN ARENA STRUGGLED, A 50,000DWT SHIP FIXING A COAL RUN FROM EAST KALIMANTAN TO INDIA AT $2,000 - THE BALTIC BRIEFING
Capesize
The Capesize market endured another dreadful week of calamitous rate level falls, as the usual season low Q1 period combined with rece ...
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Showing 1141 to 1145 news of total 6871 |
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- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Australian Coal Association
- Siam City Cement - Thailand
- Economic Council, Georgia
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- PTC India Limited - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
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