Adaro Energy update: Indonesia Bulk Terminal

The following is a combined excerpt from IDX-listed energy firm PT.Adaro Energy 's quarterly report and presentation material released on Friday. (ed)

PT Indonesia Bulk Terminal ? Coal Terminal Services (100%)
Established in 1990 to develop, operate and manage a public port with dry and liquid bulk terminal facilities at Pulau Laut
- Designed and built to provide premium coal blending and handling terminal services, and now, with Shell, fuel terminal services
- Depth of the harbor allows vessels of up to 85,000 tonnes to berth and load
- Can load customers ships at rates of 35,000 tonnes of coal per day
- Operates its facility 24 hours a day, 359 days a year, minimizing shipment delays
- Barge unloading facilities: 2 large berths for 2 barges of up to 15,000 tonnes
- Customers: Adaro Indonesia and other coal producers in Kalimantan

1H10:
Total Coal shipped : 3 Mt (64% of which was Adaro?s coal)
Number of vessels loaded : 48
Stockpile : up to 800,000 tones of coal
Capacity : 12 Mt coal per annum, fuel tank capacity of 80,000 kilolitres

IBT shipped 3.03 Mt of coal and loaded 48 vessels through its port in the first half of 2010 which was a 78% increase in shipped coal tonnage.

As Adaro increases its transhipment activities at the Taboneo anchorage, IBT has successfully won more third party coal handling business and in the first half of 2010 this more than doubled compared to the same period last year.

The company is also marketing its fuel services and its fuel terminal commenced loading fuel barges for supply to Adaro as a first step in expanding these services.(end of excerpt)

	Units	1H09	1H10	% Change
Total Coal Shipped	Mt	1.70	3.03	78%
Adaro/Coaltrade	Mt	1.39	1.93	39%
Third party	Mt	0.31	1.10	255%
No of vessels loaded		29	48	66%