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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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Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
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- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- The University of Queensland
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
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