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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, 04 August 15
SHIPPING CYCLES - A CHESS GAME YOU DON'T WANT TO LOSE - CLARKSONS
Ingmar Bergman’s classic movie The Seventh Seal is about a knight who, during the Black Death, challenges Death to a chess match, in the hope ...
Monday, 03 August 15
NEWCASTLE COAL SWAPS DECLINE FURTHER THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.92 per MT (-4.22%) month over month to US$ 43.58 per mt. The swap ...
Monday, 03 August 15
CFR SOUTH CHINA COAL SWAPS SLIDE THIS WEEK
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined US$ 1.64 (3.14%) per MT month over month.
A commodity swap ...
Sunday, 02 August 15
CAPESIZE RATES PUSH BDI UPWARD
COALspot.com: The freight market was buoyant this week as BDI rose 4.14 pct to 1131 points. The cape index was also increased 16.50 pct 2209 points ...
Saturday, 01 August 15
DRY BULK MARKET KEEPS ITS MOMENTUM, AS OUTLOOK IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although conditions remain more than challenging, especially from an economic point of view (aka China’s stock worries), the dry bulk market ...
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- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
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