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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, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...
Thursday, 22 March 12
DRY BULK MARKET KEEPS SURGING, CAPESIZES FALLING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what seems to be an establishing pattern, the dry bulk market has kept its upward momentum, edging closer to the 900 point-mark, but the larger s ...
Wednesday, 21 March 12
BUMA HAS PRODUCED 2.3 MILLION TONS OF COAL IN FEBRUARY 2012
COALspot.com - PT. Delta Dunia Makmur's overburden removal in February 2012 has reached totaled 23.8 million bcm (+2.4% YoY) while coal production ...
Tuesday, 20 March 12
SMALLER DRY BULK VESSELS STILL LEADING DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been growing during the past couple of weeks, but contrary to the usual practice, it’s not the larger Capesizes which ...
Monday, 19 March 12
WEEKLY DRY MARKET OVERVIEW: SMALLER VESSELS LEAD RATES HIGHER - MARIA BERTZELETOU, HELLENIC SHIPPING
The upward trend of the Baltic Dry Index persists strong from the end of February, spurred from the supramax market that offsets the weakness in the ...
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- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Xindia Steels Limited - India
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- MS Steel International - UAE
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
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