We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
 The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, the industry is upbeat that it can continue to boost output. Indonesia is the world’s biggest exporter of thermal coal, used to generate electricity.
A report by Moody’s Investor Service released this week said coal miners would enjoy strong prospects for growth over the coming year.
“We are optimistic about the sector, in light of steady growth in demand, low production costs, manageable capital expenditures and solid liquidity,”
Moody’s vice president Laura Acres wrote in the report, entitled Indonesian Coal Miners Well-Positioned for Growth. “Although these positives are offset by the possibility of event risk, asset concentration, and emerging market considerations.”
The Moody’s report said domestic coal producers come out of the recent financial crisis in good shape by keeping costs down while raising production and maintaining liquidity.
“Moreover, we believe that demand for Indonesian thermal coal from key consumers throughout Asia, especially India and China, will continue to be strong as the region continues to industrialize,” Acres wrote.
Bob Kamandanu, chairman of the Indonesian Coal Producers Association (APBI), said on Thursday that he was bullish that the local coal industry could continue to lift production over the next five years.
Much of the current optimism in the industry was because of the strong demand coming out of China and India and Indonesia’s proximity to those two markets.
“There’s plenty of demand,” Bob said, adding that mid-sized and large miners were currently gearing up to meet the demand and that the country could produce 400 million tons of coal a year by 2015.
APBI has forecast that coal production will be rise to 325 million to 350 million tons this year, up from 300 million in 2009.
Dileep Srivastava, head of investor relations at PT Bumi Resources, the nation’s leading coal producer, said the Moody’s report “reflected and reaffirmed Bumi’s long-held view that the thermal coal market is strong and getting stronger. Indonesia cannot keep pace with the burgeoning demand from China and India,” he said.
Bumi forecasts production will rise by at least 10 percent to 64 million tons this year.
Moody’s said it expected the government to continue to support the industry in its expansion and said some of the larger players were seeking to gain firmer control over their production supply chain and nearly double output in the next several years.
“But we think that capital expenditure requirements will remain manageable,” Acres wrote.
However, despite the positive outlook, it was unlikely that any of Indonesia’s coal miners would be able to achieve investment grade credit ratings, she wrote.
“This is because Indonesia’s coal mining companies lack geographic diversification. The range of commodities they produce is quite limited — in fact, it’s pretty much just thermal coal.
“Indonesian coal miners also faced further exposure to emerging market risk, primarily because of lingering uncertainty about regulatory issues.
Moreover, event risk may be a concern, depending on whether our rated issuers use their ample amounts of cash to benefit their bondholders [rather than their parent firms] or to make ill-advised purchases.”
Source: The Jakarta Globe (Reported By: Muhamad Al Azhari)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...
Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
...
Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achievi ...
Thursday, 17 June 10
INDONESIAN COAL PRICE REFERENCE FOR JUNE IS US$ 97.22/TON UP 5.59 PERCENT
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has been publishing a monthly coal price reference (HBA) to be us ...
|
|
|
Showing 5771 to 5775 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- The University of Queensland
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
|
| |
| |
|
