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