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Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
 Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ 7.77 billion worth of 175.15 million tons of coal to its overseas buyers. While the coal miners, have supplied 53.55 million tons of coal to domestic end-users under the Domestic Market Obligation (DMO) requirement, CNBC Indonesia reported.
According to CNBC reports, Agung Pribadi, the Head of Communication and Public Information and Cooperation Agency (KLIK) of the Ministry of Energy and Mineral Resources, said that “the realization of coal production as of 31 May 2020 was still in line with the target of ministry. The country has already mined 228 million tons of coal by May 2020 which is 42% of targeted volume for 2020.
The country is also targeting to export around 435 million tons of coal in 2020.
CNBC further reported, according to him, coal demand and trade in the international market in 2020 is expected to decrease due to the Covid-19 pandemic. To address the low demand from its traditional buyers, Indonesia is also exploring to export to several other developing countries, "such as Vietnam, Bangladesh, and Pakistan. In addition, it will increase the efficiency of the coal supply chain of coal importing countries and conducts direct contracts or direct shipping to importing countries," he said,
CNBC further noted that, Even though production is in line with the target, it does not mean that Covid-19 has no impact on the coal industry. The Ministry of Energy and Mineral Resources previously projected the price of Indonesian coal at the end of 2020 to be in the range of US$ 59-61 per ton.
According to the Ministry of Energy and Mineral Resources, the price of Indonesian coal at the end of 2020 is estimated to be around US$ 59-61 per ton. By the end of 2021 it will reach US$ 66 per ton, and at the end of 2022 it will be at around US$ 69 per ton.
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Friday, 08 May 20
THE COLLAPSE OF THE OIL AND BUNKER FUEL MARKETS IN EARLY 2020 - PETER SAND
The sulphur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the centre stage in the shipp ...
Friday, 08 May 20
LNG DEMAND FACED SEVERAL HEADWINDS IN THE FIRST QUARTER OF 2020 - GASLOG
LNG demand faced several headwinds in the first quarter of 2020 including a warmer than average winter in the northern hemisphere, high inventory l ...
Thursday, 07 May 20
IEEFA UPDATE: THE OUTLOOK FOR THERMAL COAL IN SOUTHEAST ASIA AND SOUTH ASIA
Seven headwinds are building to sustained growth in coal in Asia
The medium term outlook for thermal coal in Southeast Asia is posit ...
Thursday, 07 May 20
IMO 2020: BUNKER CLAIMS HANDLING GUIDE FOR A NEW DECADE - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
IMO 2020 is the term generally used to describe the following regulations under Annex VI of the International Convention ...
Thursday, 07 May 20
CRUDE OIL TANKER EARNINGS DROP 68% IN NINE DAYS - BIMCO
Crude oil tanker earnings have come down sharply in recent weeks with Very Large Crude Carrier (VLCC) earnings from the Middle East Gulf to China d ...
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- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- ASAPP Information Group - India
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- The University of Queensland
- Independent Power Producers Association of India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- White Energy Company Limited
- Australian Coal Association
- VISA Power Limited - India
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
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