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Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, as new customers and new contracts help fuel growth, a top company official said on Thursday.
"Next year we may produce around 17 million tonnes," President Director Bob Kamandanu told reporters without elaborating. This figure would be about 16 percent higher than this year's production target of 14.7 million tonnes.
Kamandanu gave no details of production so far this year.
Unlisted Berau Coal, which has a 1,200 square km (460 sq mile) concession area in East Kalimantan province, produced 13.2 million tonnes of coal in 2008.
Kamandanu said several new customers were likely to emerge, particularly from India, where many new power plants are scheduled to start operating soon.
The firm has also secured spot contracts with two new Chinese buyers for a combined 700,000 tonnes to be shipped between July and March 2010.
"If it goes well, we will look to extend the contract next year," said Kamandanu.
Armadian Tritunggal -- an investment firm controlled by Indonesian businessman Rizal Risjad -- is selling its 51 percent controlling stake in Berau. Several Indonesian and foreign firms have expressed an interest in the stake.
Sources said Berau had generated strong interest as it is rare for controlling stakes in Indonesian energy firms to be put on the market.
Source: Reuters
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Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
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- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
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- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- VISA Power Limited - India
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
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- Indogreen Group - Indonesia
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- Mercator Lines Limited - India
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- Therma Luzon, Inc, Philippines
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- Electricity Generating Authority of Thailand
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- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
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- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
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- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
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- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
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- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
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- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- IEA Clean Coal Centre - UK
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- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
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- Latin American Coal - Colombia
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- Directorate Of Revenue Intelligence - India
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- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
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- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
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- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
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- Bharathi Cement Corporation - India
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- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
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- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
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- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
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- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
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- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
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- Jorong Barutama Greston.PT - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
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- Romanian Commodities Exchange
- Central Electricity Authority - India
- New Zealand Coal & Carbon
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- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
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