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Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
 The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans to increase the capacity of its handling service by 15 percent to 6 million tons this year.
IBT’s marketing manager Bram A. Surjadi said in Pulau Laut, South Kalimantan province, over the weekend that the extra capacity was needed to meet the surging demand for exports, as quoted by The Jakarta Post
“The growing demand for coal from China and India means more traders need coal handling services and IBT will seize this good opportunity,” Bram said during a press tour at IBT on Saturday.
IBT previously handled the larger part of its parent company PT Adaro Energy’s coal, Bram said. Now, the majority of Adaro Energy is handled by the company’s Permata Barito floating crane in the Taboneo Sea, South Kalimantan, he said.
With the change, 80 percent of IBT’s coal handling capacity can now be offered to other coal miners, he said.
IBT is the developer and operator of Pulau Laut Coal Terminal on the southern tip of the island of Pulau Laut. It offers coal stockpiling, blending and loading.
Bram expressed optimism that the target could be achieved despite the tough competition.
IBT’s coal blending facility allows its customers to blend their various coal products to meet market requirements either through stockpile recirculation or during out-loading, he said.
Currently, IBT is in contract talks with five traders. “The traders are expected to sign a long-term contract with IBT. Besides, the number of inquiries is on the increase,” he said.
Bram also unveiled IBT’s plan to double the number of stockpiles to 16 from the current eight as part of its long-term expansion program. The company’s eight stockpiles have a total capacity of 800,000 tons.
Separately, IBT port manager Trevor Shipton said the company represented a key link between the fast expanding coal mining industry in Indonesia and its customers worldwide, enabling Indonesian coal to increase its significant role in the world coal industry.
Source: The Jakarta Post (by Sudibyo M. Wiradji)
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Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy
Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...
Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...
Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...
Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...
Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...
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- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
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