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Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
 COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta Tambang Sumber Alam (DTSA) mine, as quoted by The Jakarta post.
According to paper, DTSA mine will begin production in the fourth quarter of 2014 or next year at the latest.
At present, DTR, Medco’s another mine produces 600,000 tons to 700,000 tons of coal per year. Production from the DTSA mine is expected to be around 300K per annum starting from early next year.
Both DTR and DTSA are located in Nunukan, North Kalimantan, and their coal has high calorific value. DTR began production in 2012 and most of its coal output is exported to meet international needs, the post further said.
Medoc DTR mine produces high value and high sulphur coal. According to HBA specification, Medco produces coal with calorific value 6500 GAR and 3.28% of Sulphur of coal. Medco also produces another type of coal says 6,200 kcal/kg GAR and 4% sulphur coal, the HBA data shows.
According to Medco’s data, as quoted by paper, its coal mining business accounted for 5.9 percent of its total revenue during the first six months of the year. While the firm’s total revenue stood at US$360.37 million, coal’s contribution amounted to $21.43 million. However, in terms of profits, the coal business made up a quarter, or $2.25 million, of Medco’s bottom line in the first half.
Meanwhile, Medco’s chief financial officer, Lany Wong, said the energy company expected to secure bank loans within the next two to three months to refinance its loans, which are due to mature in 2015, the paper said.
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Friday, 26 September 14
NEWCASTLMAXES ARE THE MOST SOUGHT AFTER VESSELS BY SHIP OWNERS TODAY SAYS VESSELS VALUE
KNOWLEDGE TO ELEVATE
Determining a ship’s fair value can be a very tricky business, especially when you’re the one paying. As such ...
Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
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- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- The University of Queensland
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
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