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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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Saturday, 22 February 14
POTEN RAISES THE QUESTION OF ACCURACY IN CALCULATING TANKER FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the tanker market has grown in complexity over the course of the past few years, the question of whether the traditional methods of assessing rat ...
Friday, 21 February 14
INDONESIA PLAN TO CAP COAL OUTPUT AND HIKE ROYALTY; START MUSIC
COALspot.com: Energy and Mineral Resources Ministy of Indonesia is planning to increase the royalty for coal miners particularly for Mining Business ...
Friday, 21 February 14
THE WORLD'S SECOND LARGEST COAL MINER MINED 19.2 MMST OF COAL IN A WEEK, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, mined approximately 19.2 million short tons (mmst) of coal in a w ...
Friday, 21 February 14
DRY BULK MARKET SHOWS SIGNS OF LIFE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has slowly started to emerge from the downfall it's been since the start of the year, as rates have began to pick up over the c ...
Friday, 21 February 14
INDONESIA COAL OUTPUT CAP TO HURT MINERS RELIANT ON VOLUME GROWTH, FITCH SAYS
Fitch Ratings says that the credit profiles of mining sub-contractors and miners highly reliant on increasing volumes to support high debt servicing w ...
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- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Australian Coal Association
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- The University of Queensland
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
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