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Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mining, has secured a long-term contract to sell 15 million metric tons of coal to a unit of global commodity trader Avra Asia, according to a statement released on Tuesday.
The contact, which involves a deal between ABM’s unit Reswara Minergi Hartama and Avra Asia’s unit Avra Commodities, was signed on Friday. It is valid from this month through July 2017.
Through the contract, Avra Commodities receives exclusive rights to sell and market low-rank coal produced by ABM’s indirect unit sold under the trademark of TIA Compliant Coal.
TCC is produced by Reswara’s unit Tunas Inti Abadi, and Avra Commodities sells the coal to Thailand, the Philippines, Taiwan and select buyers in China.
Through the second quarter of 2012, Reswara secured a total coal sales contract of 3.5 million metric tons, which is more than 80 percent of its target for the year — 5.5 million metric tons.
Reswara’s relationship with Avra Commodities has been secured since April, when Reswara forged a deal to sell 935,000 metric tons of low-rank coal to the Avra-owned unit.
Reswara controls four mining concessions in South Kalimantan and Nanggroe Aceh Darussalam provinces. Those mines have combined coal reserves of 550 million metric tons.
ABM Investama is controlled by the Hamami family, one of the wealthiest families in Indonesia and the owner of the Trakindo Group.
ABM Investama has interests in coal and power.
Source: Francezka Nangoy The Jakarta Globe
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Saturday, 07 July 12
BALTIC INDEX UP ON STRONG CAPE, PANAMAX RATES - VISTAAR
COALspot.com - This week all the segments were firmed up with BDI up by 15.23 pct (up by 153 points) closing at 1,157 points.
The cape index also ...
Saturday, 07 July 12
DRY BULK MARKET NOT ABLE TO FIND SOLID GROUND SAY EXPERTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the second half of each, traditionally looking the most active one, especially in terms of newbuildings being delivered, it's highly unlikely ...
Thursday, 05 July 12
GOVT GETS READY FOR $1.8B SUIT - THE JAKARTA POST
The Jakarta Post, one of the leading Indonesian English new papers reported that, several ministries and the Attorney General’s Office held a ...
Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 p ...
Thursday, 05 July 12
BUMI ACHIEVES HIGHER SELLING PRICE IN FIRST QUARTER
COALspot.com - PT Bumi Resources Tbk (BUMI), Indonesia's largest coal producer and exporter, has successfully maintained a higher sales margin, des ...
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- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- The University of Queensland
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- MS Steel International - UAE
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
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