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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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Thursday, 04 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 04 June 20
DON'T FORGET THE REAL PURPOSE OF RISK ASSESSMENTS - GARD
KNOWLEDGE TO ELEVATE
When doing a risk assessment, we often overcomplicate it and forget its real purpose.
Rather than ensuring that crew ...
Wednesday, 03 June 20
MARKET INSIGHT - INTERMODAL
Once again shipping is about to venture into uncharted waters and before the challenges of the past decade are forgotten, shipowners will have to o ...
Tuesday, 02 June 20
KOSPO LOOKING FOR 80000 MT OF 4200 NCV COAL FOR JULY
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 Metric Tons (MT) 4200 NCV coal for 12 - 21, July ...
Tuesday, 02 June 20
INDONESIAN COAL MINER BUMI RESOURCES Q1 OUTPUT UP 5% - REUTERS
Indonesia’s largest coal miner Bumi Resources posted a 5% increase in first-quarter output at 20.8 million tonnes, the company said in a stat ...
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- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- The University of Queensland
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Australian Coal Association
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- PTC India Limited - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
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