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Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least eleven people, according to the National Disaster Mitigation Agency.
The collapsed suspension bridge may affect the barging operations of several coal mines in that area. All boats, barges are temporarily banned from passing water around collapsed bridge of Kertanegara Tenggarong in Kutai, East Kalimantan. As stated by the Director of Traffic Police of East Kalimantan Police Commissioner Nurhadi, Monday (28/11).
According to a shipping servicing company operating in East Kalimantan, around fifteen medium to big scale coal miners have affected, and their barging operation will be disturbed due to bridge collapsed.
PT Tanito Harum, PT Santan Batubara & PT Mahakam Sumber Jaya, PT Kayan Putra Utama Coal, PT Bina Insani Sukses Mandiri, PT Jembayan Muara Bara, PT Gerbang Daya Mandiri, PT Morris, PT Mitra Bagun Jaya Sejati, PT Trubaindo, PT Kimco Armindo, PT Multi Harapan Utama, PT Gemida, PT Bukit Menjangan Lestari, PT Insani Bara Perkasa, PT Borneo Putra Mandiri, PT Gunung Bayan, and some other small scale miners are among the few companies that affected barging operation.
According to market information, some of shippers that have affected by the bridge collapsed have declared Force Majeure to their respective buyers. Menatime, some other miners are considering to issue anticipate force majeure notice to their respective buyers.
The total export tonnage affected by the bridge collapsed is not available immediately.
Coal exporters are believed that Indonesian coal prices could rise coming weeks as a result of a bridge collapse. But, we have not seen any immediate price correction until today.
As quoted by Bloomberg, Coal in Asia is unlikely to recover in 2012 from its first decline in three years as electricity-price controls prompt Chinese and Indian utilities to limit purchases of the fuel. (updated version 13:38)
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Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
Tuesday, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...
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- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Economic Council, Georgia
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
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