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Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank cubic meter (bcm) of overburden removal in January 2012, a slight decrease of 3.10% from 25.8 million bcm in December last year.
In a company announcement recently published, Delta Dunia posted a 2.6 million tons of coal production in January this year, a 3.70% decrease from 2.7 million tons in December last year.
Compared to the positions in January 2011, DOID booked a flat coal production of 2.6 million tons and a lowered overburden of 3.1% from 25.8 million bcm in January last year.
For the full year of 2011, Delta Dunia, via its wholly owned subsidiary PT Bukit Makmur Mandiri Utama (BUMA), produced 334.1 million bcm OB or increased 14.3% yoy and extracted 34.7 metric tons coal or relatively flat to last year (-1% yoy), which below company’s FY11 target of 340 million-350 million bcm OB & 37 metric tons-38 metric tons coal or about 3%-6% below our expectation respectively.
The fourth quarter of 2011 result could be below expectation.
"In 4Q11, we expect DOID to post net profif of around Rp220 billion. Considering the recovery pace still slow following the weather risk, overall the 4Q11’s operational results below the company’s guidance who expect OB capacity should jump to 31 million-32 million bcm per month on average vs actual of 28.6 million bcm. Therefore we expect there is 15%-20% downside of our earnings forecast in 4Q11," said a morning notes published by Mandiri Sekuritas on January 16 2012.
Source: Insider Stories
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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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- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
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