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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 $2.25 million, of Medco’s bottom line in the first half.
Meanwhile, Medco’s chief financial officer, Lany Wong, said the energy company expected to secure bank loans within the next two to three months to refinance its loans, which are due to mature in 2015, the paper said.
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Saturday, 30 August 14
RECOVERY IN SIGHT FOR THE DRY BULK SHIPPING MARKET - DREWRY SHIPPING CONSULTANTS
Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities ...
Friday, 29 August 14
U.S. WEEKLY COAL PRODUCTION DROPS 1.3 PERCENT, EIA SAYS
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...
Friday, 29 August 14
ADARO'S PROFITS SINK FURTHER AMID FALL IN COAL PRICES - JP
Adaro Energy, one of the country’s largest coal miners, has reported a 31 percent drop in net profit in the first half of this year as global ...
Friday, 29 August 14
CHINESE LIGNITE IMPORTS: QUANTITY OVER QUALITY? - CLARKSONS
In the first half of 2014, Chinese seaborne coal imports declined 0.4% y-o-y to 148mt, largely reflecting a 3.3% fall in imports of steam coal. Mea ...
Thursday, 28 August 14
PANAMAX: OWNERS CAN GET AROUND USD 16000 FOR A FRONTHAUL; PERIOD MARKET - VERY QUIET - FEARNLEYS
Handy
The activity and sentiment is improving in the Atlantic with the general TA rate is up about US$ 800 w-o-w. We see more South American carg ...
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- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- VISA Power Limited - India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Planning Commission, India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
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