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Thursday, 05 April 12
AKR COAL FIRST EXPORT SHIPMENT OF COAL SEABORNE
PT Anugrah Karya Raya (AKR Coal) subsidiary of PT AKR Corporindo Tbk., Indonesia’s leading integrated supply chain solutions provider and largest private sector distributor of petroleum and basic chemicals, is pleased to announce that its first export shipment of coal from its coal mine in Central Kalimantan, Indonesia departed from the port in South Kalimantan on Saturday 31st March 2012.
The Supermax vessel “MV Mandarin River” was loaded with a shipment of approx 52,900 MT of coal in less than two days at the terminal, according to the statment posted on company's website.
The statment further said that, the steam coal was sold to an International trading company, with whom AKR Coal has entered into an annual contract for supplying about 780,000 MT over the next twelve months. The steam coal cargo has been contracted with caloric value based on GAR 5,000 Kcals/kg and also low ash and low sulfur coal.
This shipment marks a key milestone for the AKR Coal and demonstrates the Company’s ability to provide end to end logistics solutions to deliver good quality coal from the Coal mines operated in Central Kalimantan to customers in Indonesia and overseas.
AKR Coal successfully managed the logistics issues by employing sufficient number of time chartered barges to bring the coal from AKR Coal’s own loading jetty in Buntok Kecil in Central Kalimantan to the South Kalimantan terminal to effect this shipment on schedule.
AKR Coal is also in the process of strengthening its logistics infrastructure comprising of hauling roads in Central Kalimantan, port infrastructure in Buntok Baru and the proposed intermediate stock pile in Teluk Timbau. These developments in logistics infrastructure shall pave the way for AKR Coal to ramp up production of thermal coal over the next two years.
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Friday, 06 April 12
DRY BULK MARKET SWIFT TO HALT FALL ON RENEWED DEMAND FOR CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk managed to put a stop to the recent falls, which came as a result of a lacklustre demand for smaller vessel sizes. Although this trend ...
Thursday, 05 April 12
COAL EXPORT TAX: MATTER OF CONCERN FOR INDIA - SUNIL K KUMBHAT
COALspot.com - Since the issuance of Indonesian Mining law in 2009, miners have increased their activities in exploring , ex ...
Thursday, 05 April 12
DRY BULK MARKET STALLS AS TREND IS REVERSED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has halted its month-long rally, with the BDI (Baltic Dry Index) retreating yesterday for a second consecutive session. Industry ...
Wednesday, 04 April 12
OIL MAY JUMP TO $150PB IF IRAN ATTACKED: EXPERT - KUNA / HELLENIC SHIPPING
Prices of oil will not drop below level of $100 per barrel and may jump to $150 pb in the coming two months, according to the prominent Kuwaiti expe ...
Wednesday, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA
Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected th ...
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- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Australian Coal Association
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
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