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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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- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Parliament of New Zealand
- PTC India Limited - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Planning Commission, India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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