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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
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Friday, 03 August 18
HBA HAS RISEN 28.41 PER CENT IN A YEAR TO BE AT THEIR HIGHEST LEVELS SINCE JANUARY 2012
COALspot.com: The benchmark price of Indonesian thermal coal has risen 28.41 per cent in a year to be at their highest levels since January 2012.&n ...
Thursday, 02 August 18
INDO / CHINA COAL RV'S IS PAYING AROUND USD 11,000 TO SUPRAS BSS DELIVERY SINGAPORE - FEARNLEYS
Capesize
The counter seasonally strong market during the summer months bodes well for the remainder of the year.
According ...
Wednesday, 01 August 18
JOKOWI CANCELS PLAN TO REVOKE COAL DMO - JP
President Joko "Jokowi" Widodo on Tuesday has canceled the government’s plan to revoke the domestic market obligation (DMO) for coa ...
Wednesday, 01 August 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
The dry bulk market activity over the past four weeks has remained stable when compared to the previous months. There are concerns with regards to ...
Tuesday, 31 July 18
INDONESIA UNLIKELY TO CHANGE COAL SUPPLY, PRICING RULES UNTIL 2019 - REUTERS
Indonesia is unlikely to change its rules on domestic coal supply and pricing until 2019, Coordinating Maritime Minister Luhut Pandjaitan said on M ...
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- GMR Energy Limited - India
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Economic Council, Georgia
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
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