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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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Monday, 02 April 18
THIESS SECURES $240M SATUI EXTENSION
The successful implementation of an innovative mining plan by Thiess at the Satui coal mine in South Kalimantan, has resulted in a $240 million con ...
Friday, 30 March 18
SHIPPING INDUSTRY CONFIDENCE HITS FOUR-YEAR HIGH - MOORE STEPHENS
Shipping Confidence Survey
In February 2018, the average confidence level expressed by respondents was up from 6.2 in November 2017 t ...
Friday, 30 March 18
EXPLAINING POLAND'S COAL PARADOX - FORBES
In the U.S. coal is succumbing to market forces despite the Trump Administration’s push to support the industry. Abundant, cheap and cleaner ...
Friday, 30 March 18
THIESS SECURES $140M MT OWEN INCREASE
Thiess has secured a A$140 million increase to its contract with Glencore for coal mining services at Mt Owen in the Hunter Valley, Australia. Mt O ...
Wednesday, 28 March 18
THIESS WINS $280M WAHANA EXTENSION
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
According to Thie ...
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- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Planning Commission, India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
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