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Friday, 28 February 14
PTBA TO INCREASE ITS COAL TERMINAL'S LOADING CAPACITY TO 25 MILLION TONS PER ANNUM BY JULY 2014
COALspot.com: PT. Bukit Asam (PTBA), the Indonesian government owned coal miner operates several coal mining units in Sumatera as well as in Kalimantan. Tarahan Coal Terminal which is located at Bandar Lampung, approximately 410 km by rail from the company's coal mine Tanjung Enim a fully owned and operated by PT. Bukit Asam.
PTBA is currently upgrading the capacity of Tarahan Port through the construction of new jetty that can accommodate a cape size vessel, which is expected to start its operation second half of this year.
According to PTBA, the completion of Tarahan port expansion will increase company's annual capacity to 25 million tons per annum from existing capacity of 13 million tons per annum. Once the port is ready for commercial operation, then the port will operate an newly developed Jetty which be able to accept cape size vessels of up to 200K DWT, in addition to the existing jetty with a capacity of berthing up to Panamax vessel of 80K DWT.
According to company's website, the company currently operating three stockpiles. The first stockpile handles coal form it's Air Laya and Muara Tiga Besar mining unit, the second stockpile handles coal only from Muara Tiga Besar mining unit. Meanwhile, its third stockpile handles coal from Banko Barat mining unit.
According to company's financial statement for the year ended 31 December 2013, this expansion of port will be also supported by the increased the capacity of coal stockpile to 0.86 million tons from existing capacity of 0.56 million tons. The stockpile also will be equipped with two new additional RCD (Rotary Car Dumpers) by July this year to support company's mining as well as logistic operation.
In the meantime, the government of Indonesia is also planning to cap the coal production to push the coal prices to upwards. Once the government impalement the output cap or reject the coal miners request to increase their coal output in 2014, then Indonesia may maintained the same output of 2013 or even lesser.
PTBA's total sale of coal is reached to 17.76 million tons in 2013. The company said in January 2014, the company is planning to increase its coal sales to 24.7 million tons in 2014, up 38% from its 2013 coal sales of 17.76 million tons. PTBA has to increase its coal output to utilize the full capacity of Tarahan coal terminal's new futures to achieve its target goals.
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Sunday, 02 March 14
THE FREIGHT MARKET WAS STEADY TO FIRM THIS PAST WEEK - CAPT. REDDY
COALspot.com: The freight market was steady to firm this past week. The BDI was up 7.06 pct and closed at 1258 points and the cape index was also fi ...
Friday, 28 February 14
U.S PRODUCED 1.9% LESS COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.8 million short tons (mmst) of coal in ...
Friday, 28 February 14
DRY BULK MARKET SLOWLY BUT STEADILY FINDS ITS FOOTING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, hit by the low seasonal demand which is a typical characteristic of the first quarter of each year, is beginning to emerge from ...
Thursday, 27 February 14
PANAMAX : MARKET CONTINUED TO DECLINE IN THE ATLANTIC
Handy
The Atlantic handy/supra market experienced a downward trend this week but not a dramatic one. TA rates are down around USD 800 w-o-w lead b ...
Thursday, 27 February 14
SHIPPING LOANS WORTH $5 BILLION HAVE CHANGED HANDS OVER THE PAST YEAR, AS FUNDS INVEST IN SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Funds investing in shipping has been the "talk of the town" over the past couple of years, as institutional investors, private equity and ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
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- Thai Mozambique Logistica
- Wilmar Investment Holdings
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- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
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- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
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- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
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- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
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- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
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- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
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- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
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- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
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- Kobexindo Tractors - Indoneisa
- Planning Commission, India
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- SMC Global Power, Philippines
- Independent Power Producers Association of India
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