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Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
 PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up 3.46 million tons compared to the same period last year. Based on the United Tractors operational report for the April period, the company sold 1.57 million tons in April 2020, up from the previous month's 1.3 million tons, Dunia Energi reported.
As quoted by Dunia Eneri, Frans Kusuma, President Director of United Tractors, said demand for high-calorie coal is expected to remain stable in 2020, although prices have not yet improved. "The best strategy in conditions of price uncertainty is to be cost efficient in all operational lines," Frans was quoted as saying in the United Tractors annual report.
Coking coal mining will be one of the company's leading portfolios in the future. Continued working to increase market share through marketing strategies and increasing production capacity, said Frans, the media said.
Dunia Energi further noted that, In 2019, Tuah Turangga posted revenue of IDR 10.7 trillion, up 6% compared to the previous year of IDR 10 trillion. The revenue was obtained from the sale of 8.5 million tons of coal, up 21% compared to 2018 of 7 million tons. Of the total coal sales, coking coal accounts for around 14%.
To become a global coal trader, Tuah Turangga formed a strategic partnership by establishing a joint venture company with Itochu, Cipta Coal Trading Pte, Ltd. for coking coal sales in 2018. In 2019, the company formed a partnership with Sumitomo to form AEGIS Energy Trading Pte.Ltd for sales of thermal coal for the export market said Dunia Energi.
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Wednesday, 15 July 20
CHINA'S JUNE COAL IMPORTS FALL 6.7% Y/Y ON PORT CURBS - REUTERS
China’s coal imports dropped 6.7% in June from the same period last year, as stringent import restrictions at ports impeded purchases by trad ...
Wednesday, 15 July 20
MARKET INSIGHT - INTERMODAL
The Covid-19 virus spread around the world has obviously impacted the global oil demand while the situation remains fluid. The overall constraint ...
Tuesday, 14 July 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.75 PCT - XINHUA
China Taiyuan coal transaction price index stood at 126.01 points Monday, up 0.75 percent week on week.
The index, released by China ...
Tuesday, 14 July 20
TURKEY - A CASE OF UNDECLARED BUNKER - GARD
KNOWLEDGE TO ELEVATE
Undeclared/excess bunkers can be considered a criminal act by Turkish customs officials with the ship's crew being ac ...
Monday, 13 July 20
PANAMAX: A TUMULTUOUS WEEK IN THE PANAMAX MARKET ENSURED ALL MARKETS GAINED VALUE ON THE WEEK - BALTIC BRIEFING
Capesize
This week witnessed the dreaded correction in the Capesize market, with the time charter average shedding almost 18 per cent to close ...
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- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Planning Commission, India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- PTC India Limited - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
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