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Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION


COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the collapse of Kutai Kartanegara bridge.

"Starting today, coal and fuel barges may use the river, but under strict supervision from security and Samarinda Port officers," said Ghufron Yusuf, vice regent of Kutai Kartanegara on Saturday (Dec 10), as reported by detik.com.

Coal transportation through Mahakam River will be limited to 9 hours a per day (8PM to 5AM) every day.

Coal transportation companies are also required to make statement that they will not file lawsuit if anything happens when passing the collapsed bridge, because two of the bridge's pillars are not in stable state, according to government officers.

Some coal producers have declared force majeure for coal shipments under contracts to it buyers.



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Thursday, 08 December 11
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Thursday, 08 December 11
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Tuesday, 06 December 11
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Monday, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
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