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Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
 PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up 3.46 million tons compared to the same period last year. Based on the United Tractors operational report for the April period, the company sold 1.57 million tons in April 2020, up from the previous month's 1.3 million tons, Dunia Energi reported.
As quoted by Dunia Eneri, Frans Kusuma, President Director of United Tractors, said demand for high-calorie coal is expected to remain stable in 2020, although prices have not yet improved. "The best strategy in conditions of price uncertainty is to be cost efficient in all operational lines," Frans was quoted as saying in the United Tractors annual report.
Coking coal mining will be one of the company's leading portfolios in the future. Continued working to increase market share through marketing strategies and increasing production capacity, said Frans, the media said.
Dunia Energi further noted that, In 2019, Tuah Turangga posted revenue of IDR 10.7 trillion, up 6% compared to the previous year of IDR 10 trillion. The revenue was obtained from the sale of 8.5 million tons of coal, up 21% compared to 2018 of 7 million tons. Of the total coal sales, coking coal accounts for around 14%.
To become a global coal trader, Tuah Turangga formed a strategic partnership by establishing a joint venture company with Itochu, Cipta Coal Trading Pte, Ltd. for coking coal sales in 2018. In 2019, the company formed a partnership with Sumitomo to form AEGIS Energy Trading Pte.Ltd for sales of thermal coal for the export market said Dunia Energi.
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Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
Tuesday, 09 June 20
INDIA: COAL IMPORT DROPS BY 20% TO NEARLY 19 MILLION TONNES IN MAY, SAYS REPORT - HINDUSTAN TIMES
The country’s coal import dropped by 20 per cent to 18.93 million tonnes (MT) last month, industry data showed.
The government ...
Monday, 08 June 20
WOOD MACKENZIE: THE INDISPENSABLE OPEC+
Rumours of “the death of OPEC” have been circulating for almost as long as the organisation has existed. Just three years after the car ...
Monday, 08 June 20
CHINA'S COAL IMPORTS FALL NEARLY 20% IN MAY EVEN AS DEMAND RISES - REUTERS
China’s coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, custo ...
Monday, 08 June 20
JUNE 2020 INDONESIAN COAL PRICE REFERENCE HIT US$ 52.98 A TON, ITS LOWEST LEVEL SINCE AT LEAST AUGUST 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
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- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- PTC India Limited - India
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
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