COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND


Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their coal terminal project at Cigading Port, Cilegon, Banten Indonesia - Cigading International Bulk Terminal.

The historical moment was inaugurated by Governor of the Province of Banten , Hajah Ratu Atut Chosiyah, and witnessed by Head of Office - Directorate General for Sea Transportation, Ministry of Transportation of Republic of Indonesia, Capt B. Soegiharto. Also present at the event were President & CEO of MTD Group, YBhg Dato’ Azmil Khalid; President Director of PT Krakatau Steel (KS), Fazwar Bujang; President Director of PT Krakatau Bandar Samudera (KBS), Zamhari Hamid; MTD Directors and senior management team.

PT Cigading International Bulk Terminal (CIBT) has secured the exclusive rights from PT Krakatau Bandar Samudera to develop, run and operate the coal terminal for the loading, stacking and discharging for export of coal at the Cigading Port, Indonesia for the period of 32 years on 13th July 2007.

The company is a 95% subsidiary of Sinomast Metacorp (Labuan) Ltd; a 50:50 joint-venture company between Metacorp Berhad (Metacorp) and Indonesia’s PT. Bintang Sinomast Limited. Metacorp inturn, a subsidiary of Malaysia’s conglomerate MTD Capital Berhad, is engaged among others in building and highway constructions, toll management, manufacturing of construction materials, property development, energy and waste management.

“CIBT aimed to be a world class coal terminal operator apart from to build strong reputation. This has become the main challenge for MTD as new player in the port industry. Neverthelesss, we believe with the constant support and cooperation provided by the local authorities and Indonesian government in general, will help us to achieve our mission,” said Dato’ Azmil Khalid, President & CEO of MTD Group.

“From a humble start, we began the Cigading Port project, marked by the ground breaking ceremony in June 2008 in this bare land. As we promised, 3 years later, what you see here today is our proof of our promise. Our vision, along with PT Krakatau Bandar Samudera (KBS) is to expand the existing port facilities to become a world class bulk terminal port with superior solutions for bulk cargo requirements.

To Indonesia we present facilities which we expect to be useful for Indonesia’s economy in general and the coal industry in particular, an international level bulk coal port, Cigading International Bulk Terminal, which has coal handling equipment and technology which can guarantee safety and health better and is environmentally friendly, and therefore will be considered by world class industry players,” he continued.

Energy demands which can no longer be fulfilled by fossil fuels have forced the world to turn to coal. For Indonesia, which is one of the biggest coal producing countries in the world, this is a blessing, making Indonesia an important country in the world. Nevertheless, this condition should be accompanied by adequate transport facilities to ensure coal supplies for domestic as well as foreign industries.

 “As Governor of the Province of Banten, who has supported this project since the beginning and has witnessed the corner-stone laying for this project, we open the door widely for Metacorp Berhad, a subsidiary of the MTD Group Malaysia to invest its capital in Banten and express our gratitude for the joint venture with PT Krakatau Bandar Samudra, a subsidiary of PT Krakatau Steel which has chosen Banten to develop its business, which will not only boost the value of investing in Banten in the eyes of the national and international world, but will also absorb local manpower which of course will increase regional revenues and provide prosperity for Banten’s people,” said  Hajah Ratu Atut Chosiyah, Governor of the Province of Banten,

“PT Cigading International Bulk Terminal (CIBT) as the company which manages the terminal’s facilities is the business partner of PT Krakatau Bandar Samudera (KBS), a subsidiary of PT Krakatau Steel (KS), which has granted exclusive rights to build, finance and operate this sophisticated international bulk terminal in the Cigading Port area.  Without the cooperation from all parties, particularly Metacorp Berhad’s investment, we would not be able to realize the operation of this terminal. Therefore we want to express our gratitude to Metacorp Berhad,” stated Fawzar Bujang, President Director of PT Krakatau Steel.

About Cigading International Bulk Terminal and Its Partners
PT. Cigading International Bulk Terminal (CIBT) is a company that is 95 % owned by Sinomast Metacorp (Labuan) Ltd. a 50-50 joint venture between Metacorp Berhad (Metacorp) and PT Bintang Sinomast Limited.  Metacorp is a subsidiary of MTD Capital Bhd, a Malaysian conglomerate and PT Bintang Sinomast Limited is an international joint venture.  Currently CIBT continues to establish a strong and professional management team which has a commitment to be faithful to the company's vision and mission. It is believed that CIBT will become one of the international bulk terminals in Indonesia to be considered by global market players. For further information please visit
www.cibt.co.id.

About Metacorp Berhad
Metacorp Berhad is a subsidiary of MTD Capital Bhd, a Malaysian conglomerate among others engaged in the construction of buildings and roads, management of toll roads.  production of building materials, and property development throughout the world. For further information please visit
http://www.metacorp.com.my/.

About PT Bintang Sinomast Limited
PT Bintang Sinomast Limited is an international joint venture company with experience and expertise in operating barges and ship towing, mine engineering, and bulk cargo logistics. 

About PT Krakatau Bandar Samudera (KBS)
PT Krakatau Bandar Samudera is a business unit which concentrates on handling bulk in the form of  raw iron ore, dry bulk (gypsum, raw sugar, corn, soybeans and others) and other cargo such as coal and scrap.  It operates in Cigading Port, an area where the Cilegon heavy industry zone is located. For further information please visit 
http://www.cigadingport.com



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 05 September 18
ASIAN DEMAND COULD CREATE DEFICIT IN GLOBAL LNG MARKET - FITCH RATINGS
Growing gas demand from Asia, particularly from China, could swing the liquefied natural gas (LNG) market into a deficit by 2022-2025, Fitch Rating ...


Tuesday, 04 September 18
SUPRAMAX: THE ASIAN SECTOR REMAINED ACTIVE WITH RATES STILL FIRM ESPECIALLY IN SE ASIA - BALTIC BRIEFING
Capesize A turnaround in fortunes for the big ships, with a few slower days in the market. A build-up of tonnage and a lack of Brazil cargoes r ...


Thursday, 30 August 18
SUPRAMAX: CIS COAL TO FAR EAST WENT AT MID TENS AND TO SE ASIA AT CA USD 8000 - FEARNLEYS
Capesize There was a slow start this week with holiday in UK on Monday. The index has been slowly coming off since then; The C5 route has seen ...


Wednesday, 29 August 18
MID-YEAR FY19 POWER OUTLOOK: IMPORTED COAL REQUIREMENT TO INCREASE DURING REMAINING FY19: IND-RA
India Ratings and Research (Ind-Ra) has maintained a stable-to-negative outlook on the Indian power sector for the remaining FY19, despite a rise i ...


Wednesday, 29 August 18
IMPACT ON CHARTERPARTIES - TIME TO ACT NOW : NORTH P&I CLUB
KNOWLEDGE TO ELEVATE The challenges introduced by the global sulphur cap are not exclusively technical. The new limits are likely to impact co ...


   325 326 327 328 329   
Showing 1631 to 1635 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • HSBC - Hong Kong
  • Sical Logistics Limited - India
  • Kartika Selabumi Mining - Indonesia
  • PowerSource Philippines DevCo
  • The India Cements Ltd
  • Holcim Trading Pte Ltd - Singapore
  • Kepco SPC Power Corporation, Philippines
  • TANGEDCO India
  • Argus Media - Singapore
  • VISA Power Limited - India
  • bp singapore
  • GNFC Limited - India
  • WorleyParsons
  • Romanian Commodities Exchange
  • Cement Manufacturers Association - India
  • Pendopo Energi Batubara - Indonesia
  • Bangladesh Power Developement Board
  • APGENCO India
  • SRK Consulting
  • Kohat Cement Company Ltd. - Pakistan
  • Interocean Group of Companies - India
  • Edison Trading Spa - Italy
  • Permata Bank - Indonesia
  • SMG Consultants - Indonesia
  • Trasteel International SA, Italy
  • Global Coal Blending Company Limited - Australia
  • Reliance Power - India
  • Panama Canal Authority
  • Binh Thuan Hamico - Vietnam
  • Russian Coal LLC
  • The University of Queensland
  • Sree Jayajothi Cements Limited - India
  • Tata Chemicals Ltd - India
  • Antam Resourcindo - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • The State Trading Corporation of India Ltd
  • Malco - India
  • Shree Cement - India
  • World Bank
  • U S Energy Resources
  • Indian Energy Exchange, India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • PLN Batubara - Indonesia
  • IEA Clean Coal Centre - UK
  • Riau Bara Harum - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Vale Mozambique
  • PNOC Exploration Corporation - Philippines
  • Baramulti Group, Indonesia
  • Coastal Gujarat Power Limited - India
  • KEPCO - South Korea
  • Sucofindo - Indonesia
  • ICICI Bank Limited - India
  • Independent Power Producers Association of India
  • Meenaskhi Energy Private Limited - India
  • Geoservices-GeoAssay Lab
  • Tata Power - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • TGV SRAAC LIMITED, India
  • Aditya Birla Group - India
  • Indorama - Singapore
  • Parliament of New Zealand
  • Platou - Singapore
  • Australian Coal Association
  • Neyveli Lignite Corporation Ltd, - India
  • Jaiprakash Power Ventures ltd
  • JPMorgan - India
  • Manunggal Multi Energi - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • EMO - The Netherlands
  • Carbofer General Trading SA - India
  • Shenhua Group - China
  • Commonwealth Bank - Australia
  • Indika Energy - Indonesia
  • KPCL - India
  • Adaro Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • DBS Bank - Singapore
  • Simpson Spence & Young - Indonesia
  • ETA - Dubai
  • Asian Development Bank
  • Toyota Tsusho Corporation, Japan
  • TRAFIGURA, South Korea
  • BRS Brokers - Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • Cardiff University - UK
  • Tamil Nadu electricity Board
  • Bangkok Bank PCL
  • Wilmar Investment Holdings
  • Inco-Indonesia
  • Africa Commodities Group - South Africa
  • Maersk Broker
  • Deutsche Bank - India
  • Kapuas Tunggal Persada - Indonesia
  • Xstrata Coal
  • Siam City Cement - Thailand
  • Power Finance Corporation Ltd., India
  • Kalimantan Lumbung Energi - Indonesia
  • Metalloyd Limited - United Kingdom
  • Peabody Energy - USA
  • Barclays Capital - USA
  • Heidelberg Cement - Germany
  • Electricity Authority, New Zealand
  • Adani Power Ltd - India
  • Attock Cement Pakistan Limited
  • Freeport Indonesia
  • ASAPP Information Group - India
  • CESC Limited - India
  • Lanco Infratech Ltd - India
  • Britmindo - Indonesia
  • Savvy Resources Ltd - HongKong
  • Globalindo Alam Lestari - Indonesia
  • Ministry of Finance - Indonesia
  • Bharathi Cement Corporation - India
  • Indonesian Coal Mining Association
  • UBS Singapore
  • Energy Development Corp, Philippines
  • Wood Mackenzie - Singapore
  • San Jose City I Power Corp, Philippines
  • CoalTek, United States
  • Indian School of Mines
  • Krishnapatnam Port Company Ltd. - India
  • TeaM Sual Corporation - Philippines
  • CNBM International Corporation - China
  • Sindya Power Generating Company Private Ltd
  • Global Green Power PLC Corporation, Philippines
  • OCBC - Singapore
  • Mitra SK Pvt Ltd - India
  • Standard Chartered Bank - UAE
  • GB Group - China
  • Vizag Seaport Private Limited - India
  • PetroVietnam
  • Samtan Co., Ltd - South Korea
  • GVK Power & Infra Limited - India
  • MEC Coal - Indonesia
  • Posco Energy - South Korea
  • Mechel - Russia
  • Idemitsu - Japan
  • IHS Mccloskey Coal Group - USA
  • IOL Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Bulk Trading Sa - Switzerland
  • Inspectorate - India
  • Mitsubishi Corporation
  • Makarim & Taira - Indonesia
  • Anglo American - United Kingdom
  • Core Mineral Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Indonesia Power. PT
  • Intertek Mineral Services - Indonesia
  • McConnell Dowell - Australia
  • Altura Mining Limited, Indonesia
  • Orica Australia Pty. Ltd.
  • Thermax Limited - India
  • Petrosea - Indonesia
  • Cosco
  • Qatrana Cement - Jordan
  • Essar Steel Hazira Ltd - India
  • Karaikal Port Pvt Ltd - India
  • Malabar Cements Ltd - India
  • Uttam Galva Steels Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Thomson Reuters GRC
  • Xindia Steels Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • TNPL - India
  • Mjunction Services Limited - India
  • London Commodity Brokers - England
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • KOWEPO - South Korea
  • Mercator Lines Limited - India
  • Thriveni
  • Banpu Public Company Limited - Thailand
  • Dalmia Cement Bharat India
  • Timah Investasi Mineral - Indoneisa
  • Siam City Cement PLC, Thailand
  • Thailand Anthracite
  • Tanito Harum - Indonesia
  • Medco Energi Mining Internasional
  • Sakthi Sugars Limited - India
  • Arch Coal - USA
  • Singapore Mercantile Exchange
  • Petrochimia International Co. Ltd.- Taiwan
  • RBS Sempra - UK
  • Coeclerici Indonesia
  • Ernst & Young Pvt. Ltd.
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Berau Coal - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Eastern Coal Council - USA
  • Electricity Generating Authority of Thailand
  • Chettinad Cement Corporation Ltd - India
  • EIA - United States
  • Thiess Contractors Indonesia
  • Bank of China, Malaysia
  • SASOL - South Africa
  • SMC Global Power, Philippines
  • PTC India Limited - India
  • Deloitte Consulting - India
  • Jindal Steel & Power Ltd - India
  • Mintek Dendrill Indonesia
  • Barasentosa Lestari - Indonesia
  • KPMG - USA
  • Iligan Light & Power Inc, Philippines
  • International Coal Ventures Pvt Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • Maruti Cements - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Pinang Coal Indonesia
  • Price Waterhouse Coopers - Russia
  • J M Baxi & Co - India
  • Formosa Plastics Group - Taiwan
  • Merrill Lynch Bank
  • CCIC - Indonesia
  • BNP Paribas - Singapore
  • Star Paper Mills Limited - India
  • Kaltim Prima Coal - Indonesia
  • The Treasury - Australian Government
  • Kobexindo Tractors - Indoneisa
  • JPower - Japan
  • Sarangani Energy Corporation, Philippines
  • Arutmin Indonesia
  • IMC Shipping - Singapore
  • NTPC Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Coalindo Energy - Indonesia
  • UOB Asia (HK) Ltd
  • Ministry of Mines - Canada
  • Cemex - Philippines
  • Central Java Power - Indonesia
  • PLN - Indonesia
  • Planning Commission, India
  • GAC Shipping (India) Pvt Ltd
  • European Bulk Services B.V. - Netherlands
  • Minerals Council of Australia
  • Global Business Power Corporation, Philippines
  • Coaltrans Conferences
  • Semirara Mining and Power Corporation, Philippines
  • Parry Sugars Refinery, India
  • Orica Mining Services - Indonesia
  • Rio Tinto Coal - Australia
  • Renaissance Capital - South Africa
  • New Zealand Coal & Carbon
  • GHCL Limited - India
  • Moodys - Singapore
  • Fearnleys - India
  • Platts
  • Pipit Mutiara Jaya. PT, Indonesia
  • LBH Netherlands Bv - Netherlands
  • Thai Mozambique Logistica
  • Surastha Cement
  • CIMB Investment Bank - Malaysia
  • World Coal - UK
  • Bhoruka Overseas - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Agrawal Coal Company - India
  • Sojitz Corporation - Japan
  • Bukit Asam (Persero) Tbk - Indonesia
  • Economic Council, Georgia
  • Runge Indonesia
  • India Bulls Power Limited - India
  • Madhucon Powers Ltd - India
  • Jatenergy - Australia
  • Samsung - South Korea
  • Marubeni Corporation - India
  • Bhushan Steel Limited - India
  • Cebu Energy, Philippines
  • Asia Cement - Taiwan
  • White Energy Company Limited
  • Gujarat Sidhee Cement - India
  • SGS (Thailand) Limited
  • Australian Commodity Traders Exchange
  • Meralco Power Generation, Philippines
  • Ind-Barath Power Infra Limited - India
  • Goldman Sachs - Singapore
  • Bukit Makmur.PT - Indonesia
  • Maybank - Singapore
  • Semirara Mining Corp, Philippines
  • Salva Resources Pvt Ltd - India
  • GMR Energy Limited - India
  • Grasim Industreis Ltd - India
  • PetroVietnam Power Coal Import and Supply Company
  • TNB Fuel Sdn Bhd - Malaysia
  • Oldendorff Carriers - Singapore
  • SUEK AG - Indonesia
  • Therma Luzon, Inc, Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Port Waratah Coal Services - Australia
  • Credit Suisse - India
  • IBC Asia (S) Pte Ltd
  • Borneo Indobara - Indonesia
  • Energy Link Ltd, New Zealand
  • McKinsey & Co - India
  • Ambuja Cements Ltd - India
  • MS Steel International - UAE
  • Kumho Petrochemical, South Korea
  • Latin American Coal - Colombia
  • Coal Orbis AG
  • Glencore India Pvt. Ltd
  • Maheswari Brothers Coal Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • South Luzon Thermal Energy Corporation
  • ACC Limited - India
  • Chamber of Mines of South Africa
  • Mitsui
  • Cargill India Pvt Ltd
  • Rashtriya Ispat Nigam Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Lafarge - France
  • Vedanta Resources Plc - India
  • Cigading International Bulk Terminal - Indonesia
  • Ministry of Transport, Egypt
  • Petron Corporation, Philippines
  • Central Electricity Authority - India
  • Japan Coal Energy Center
  • Mercuria Energy - Indonesia
  • Clarksons - UK
  • Indogreen Group - Indonesia
  • globalCOAL - UK
  • Bukit Baiduri Energy - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Infraline Energy - India
  • Coal India Limited
  • Larsen & Toubro Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Videocon Industries ltd - India
  • Indian Oil Corporation Limited
  • Georgia Ports Authority, United States
  • Gresik Semen - Indonesia
  • Bhatia International Limited - India
  • Kobe Steel Ltd - Japan
  • Gupta Coal India Ltd
  • Noble Europe Ltd - UK
  • Vitol - Bahrain
  • Eastern Energy - Thailand
  • Ceylon Electricity Board - Sri Lanka
  • ANZ Bank - Australia
  • Rudhra Energy - India
  • Kideco Jaya Agung - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • NALCO India
  • Humpuss - Indonesia
  • Merrill Lynch Commodities Europe
  • ING Bank NV - Singapore
  • Total Coal South Africa
  • Coal and Oil Company - UAE
  • Ince & co LLP
  • Bank of America
  • AsiaOL BioFuels Corp., Philippines
  • Straits Asia Resources Limited - Singapore
  • Enel Italy