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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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Thursday, 29 March 12
DRY BULK EDGED FURTHER UP, ON HEALTHY DEMAND FOR MOST SHIP TYPES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With capesize vessels finally reappearing in demand, the dry bulk market had an easier task of rising yesterday, as the BDI (Baltic Dry Index) reach ...
Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share. ...
Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 m ...
Wednesday, 28 March 12
ORPHEUS ENERGY TO COMMENCE JORC DRILLING AT ADK PROJECT
COALspot.com - Indonesian coal explorer and producer, Orpheus Energy (ASX:OEG), have today announced that the company is about to commence a drillin ...
Tuesday, 27 March 12
DRY BULK MARKET KEEP RISING FOLLOWING THE SAME TREND OF LAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum this week, on the same reasons of those last week. That is, the smaller ship types are still on the ris ...
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- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- PTC India Limited - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
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