COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 21 March 17
DESPITE THE CHALLENGING MARKET SITUATION IN 2016 THE DELTA DUNIA MAKMUR HAS ACHIEVED A NET PROFIT OF US$37 MILLION
Delta DuniaCOALspot.com: PT Delta Dunia Makmur Tbk. has announced its financial results for the period ended December 31, 2016.

Despite challenging market situation for most of 2016, the Company has managed to turn around its operations and recorded net profit of US$37 million compared to net loss of US$ 8 million in 2015.

According to the press release from the company, the Company delivered overburden removal of 299.8 million bcm and coal of 35.1 million ton.  Net revenue increased from USD566 million in 2015 to US$ 611 million in 2016.  EBITDA also improved from US$186 million to US$217 million in 2016 as the result of improvement in volume, productivity and various cost efficiency measures.

The press release further noted that the company has generated free cash flows of US$107 million after investment of US$126 million in capital expenditure.  Outstanding debt was reduced by a net of US$ 73 million throughout 2016, resulting in net debt position of US$497 million and net debt to EBITDA ratio of 2.3x.

As announced previously, the company said, the Company has signed several contracts throughout 2016 consisting mostly of contract extensions to life of mine and some, with significant additional volume.

Contracts signed were
(i) contract extension with PT Tadjahan Antang Mineral valued at ~US$288 million,
(ii) contract amendments with PT Berau Coal valued at ~US$3 billion,
(iii) with PT UPS Sidrap Bayu Energy valued at ~US$4 million,
(iv) contract extension with PT Adaro Indonesia valued at ~US$428 million, and
(v) a new contract with PT Angsana Jaya Energi valued at ~US$66 million.

The company further said the total contract on hand with customers is around US$ 5 billion.

With the turnaround of the operations, existing contract on hand, much-improved balance sheets position and the recovery of coal price; the management believes that this is an exciting time and the Company looks forward to profitable growth in the future, the company has concluded.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 07 June 17
INDO HBA INDEX SEE LARGEST DROP SINCE FEBRUARY 2017
COALspot.com: Indonesian coal benchmark price decline 9.96% in June, government data showed. The benchmark price of Indonesian thermal coal de ...


Wednesday, 07 June 17
MARKET INSIGHT - PANOS MAKRINOS
2017 undoubtedly began with very optimistic signs for the future of the Oil & Gas industry on the back of the Vienna Agreement. OPEC and non-OP ...


Tuesday, 06 June 17
THE FREIGHT MARKET WAS CONTINUE TO TUMBLE THIS PAST WEEK
COALspot.com: The Freight market continued to tumble this past week, as BDI and cape index showed a negative trend week over week. The Baltic ...


Friday, 02 June 17
THE WORLD COAL ASSOCIATION HAS RESPONDED TO THE WITHDRAWAL OF THE UNITED STATES FROM THE PARIS AGREEMENT
“This decision is the result of a failure to build a genuine coalition on climate action that recognises the role of all technologies, includ ...


Friday, 02 June 17
MOL SIGNS COAL TRANSPORT DEAL WITH THERMAL POWERTECH CORPORATION INDIA LIMITED
MOL Signs Coal Transport Deal with Thermal Powertech Corporation India Limited - Contributing to a Stable Power Supply in India - Jun ...


   405 406 407 408 409   
Showing 2031 to 2035 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Platou - Singapore
  • PTC India Limited - India
  • TRAFIGURA, South Korea
  • Gujarat Sidhee Cement - India
  • London Commodity Brokers - England
  • Cargill India Pvt Ltd
  • Grasim Industreis Ltd - India
  • Thailand Anthracite
  • Mercuria Energy - Indonesia
  • Coalindo Energy - Indonesia
  • NTPC Limited - India
  • Global Business Power Corporation, Philippines
  • Rio Tinto Coal - Australia
  • Total Coal South Africa
  • Chettinad Cement Corporation Ltd - India
  • JPMorgan - India
  • Sree Jayajothi Cements Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Argus Media - Singapore
  • Sakthi Sugars Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Jindal Steel & Power Ltd - India
  • Humpuss - Indonesia
  • GVK Power & Infra Limited - India
  • Merrill Lynch Bank
  • Maybank - Singapore
  • TNPL - India
  • New Zealand Coal & Carbon
  • Maruti Cements - India
  • Bayan Resources Tbk. - Indonesia
  • Coal India Limited
  • Formosa Plastics Group - Taiwan
  • Chamber of Mines of South Africa
  • Tata Chemicals Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Eastern Coal Council - USA
  • Surastha Cement
  • Adani Power Ltd - India
  • APGENCO India
  • SMG Consultants - Indonesia
  • SASOL - South Africa
  • Altura Mining Limited, Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Malco - India
  • Vizag Seaport Private Limited - India
  • OPG Power Generation Pvt Ltd - India
  • Vale Mozambique
  • Deutsche Bank - India
  • Attock Cement Pakistan Limited
  • Eastern Energy - Thailand
  • Indorama - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Kobexindo Tractors - Indoneisa
  • Global Green Power PLC Corporation, Philippines
  • J M Baxi & Co - India
  • World Bank
  • Mitsui
  • Tamil Nadu electricity Board
  • The Treasury - Australian Government
  • Core Mineral Indonesia
  • Deloitte Consulting - India
  • MS Steel International - UAE
  • CoalTek, United States
  • Kartika Selabumi Mining - Indonesia
  • PLN Batubara - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Bank of China, Malaysia
  • IEA Clean Coal Centre - UK
  • Indonesian Coal Mining Association
  • Indian Oil Corporation Limited
  • Kepco SPC Power Corporation, Philippines
  • Metalloyd Limited - United Kingdom
  • Infraline Energy - India
  • The India Cements Ltd
  • Port Waratah Coal Services - Australia
  • Thai Mozambique Logistica
  • Indian School of Mines
  • Merrill Lynch Commodities Europe
  • Kohat Cement Company Ltd. - Pakistan
  • globalCOAL - UK
  • Gupta Coal India Ltd
  • Parry Sugars Refinery, India
  • Ministry of Mines - Canada
  • EMO - The Netherlands
  • Mechel - Russia
  • Freeport Indonesia
  • Singapore Mercantile Exchange
  • Ministry of Transport, Egypt
  • Bulk Trading Sa - Switzerland
  • DBS Bank - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • McKinsey & Co - India
  • Madhucon Powers Ltd - India
  • Asian Development Bank
  • Renaissance Capital - South Africa
  • Indogreen Group - Indonesia
  • Geoservices-GeoAssay Lab
  • Cemex - Philippines
  • Manunggal Multi Energi - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Economic Council, Georgia
  • Bank of America
  • Orica Mining Services - Indonesia
  • IBC Asia (S) Pte Ltd
  • Bhoruka Overseas - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Tata Power - India
  • Simpson Spence & Young - Indonesia
  • Berau Coal - Indonesia
  • Mercator Lines Limited - India
  • Bharathi Cement Corporation - India
  • Larsen & Toubro Limited - India
  • Runge Indonesia
  • Romanian Commodities Exchange
  • Maersk Broker
  • Central Java Power - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Savvy Resources Ltd - HongKong
  • ICICI Bank Limited - India
  • Power Finance Corporation Ltd., India
  • GMR Energy Limited - India
  • Dalmia Cement Bharat India
  • Vitol - Bahrain
  • ASAPP Information Group - India
  • Edison Trading Spa - Italy
  • Karaikal Port Pvt Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Siam City Cement - Thailand
  • San Jose City I Power Corp, Philippines
  • Planning Commission, India
  • Enel Italy
  • Xindia Steels Limited - India
  • Xstrata Coal
  • Ernst & Young Pvt. Ltd.
  • Permata Bank - Indonesia
  • Georgia Ports Authority, United States
  • Russian Coal LLC
  • Baramulti Group, Indonesia
  • Marubeni Corporation - India
  • Indika Energy - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Globalindo Alam Lestari - Indonesia
  • NALCO India
  • Siam City Cement PLC, Thailand
  • Kumho Petrochemical, South Korea
  • Sinarmas Energy and Mining - Indonesia
  • Coaltrans Conferences
  • MEC Coal - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Shree Cement - India
  • Posco Energy - South Korea
  • Binh Thuan Hamico - Vietnam
  • Maharashtra Electricity Regulatory Commission - India
  • Meralco Power Generation, Philippines
  • Cardiff University - UK
  • Krishnapatnam Port Company Ltd. - India
  • KEPCO - South Korea
  • TANGEDCO India
  • Inco-Indonesia
  • Jaiprakash Power Ventures ltd
  • Sical Logistics Limited - India
  • Coastal Gujarat Power Limited - India
  • U S Energy Resources
  • UBS Singapore
  • ETA - Dubai
  • IMC Shipping - Singapore
  • Independent Power Producers Association of India
  • Japan Coal Energy Center
  • Thermax Limited - India
  • GNFC Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Fearnleys - India
  • Goldman Sachs - Singapore
  • Medco Energi Mining Internasional
  • Coal Orbis AG
  • Antam Resourcindo - Indonesia
  • South Luzon Thermal Energy Corporation
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Petron Corporation, Philippines
  • PetroVietnam
  • McConnell Dowell - Australia
  • Bukit Makmur.PT - Indonesia
  • SMC Global Power, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Rashtriya Ispat Nigam Limited - India
  • Intertek Mineral Services - Indonesia
  • Shenhua Group - China
  • Wood Mackenzie - Singapore
  • KPCL - India
  • Mitsubishi Corporation
  • Bhushan Steel Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Kobe Steel Ltd - Japan
  • Iligan Light & Power Inc, Philippines
  • Global Coal Blending Company Limited - Australia
  • Platts
  • Maheswari Brothers Coal Limited - India
  • Credit Suisse - India
  • Toyota Tsusho Corporation, Japan
  • Semirara Mining Corp, Philippines
  • Asmin Koalindo Tuhup - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Videocon Industries ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Semirara Mining and Power Corporation, Philippines
  • Bangladesh Power Developement Board
  • Mitra SK Pvt Ltd - India
  • Orica Australia Pty. Ltd.
  • Timah Investasi Mineral - Indoneisa
  • Adaro Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Indonesia Power. PT
  • Sojitz Corporation - Japan
  • ANZ Bank - Australia
  • ING Bank NV - Singapore
  • OCBC - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Kaltim Prima Coal - Indonesia
  • Heidelberg Cement - Germany
  • Mintek Dendrill Indonesia
  • Agrawal Coal Company - India
  • Peabody Energy - USA
  • Holcim Trading Pte Ltd - Singapore
  • KOWEPO - South Korea
  • World Coal - UK
  • Australian Coal Association
  • Barclays Capital - USA
  • Bhatia International Limited - India
  • Energy Link Ltd, New Zealand
  • Coeclerici Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Cement Manufacturers Association - India
  • Pendopo Energi Batubara - Indonesia
  • JPower - Japan
  • Clarksons - UK
  • SRK Consulting
  • SUEK AG - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Barasentosa Lestari - Indonesia
  • Britmindo - Indonesia
  • Arch Coal - USA
  • Ministry of Finance - Indonesia
  • The State Trading Corporation of India Ltd
  • Panama Canal Authority
  • Borneo Indobara - Indonesia
  • Gresik Semen - Indonesia
  • Aditya Birla Group - India
  • Latin American Coal - Colombia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Jatenergy - Australia
  • Standard Chartered Bank - UAE
  • Trasteel International SA, Italy
  • Price Waterhouse Coopers - Russia
  • EIA - United States
  • Samsung - South Korea
  • Thiess Contractors Indonesia
  • Electricity Authority, New Zealand
  • WorleyParsons
  • GHCL Limited - India
  • Indian Energy Exchange, India
  • Bukit Baiduri Energy - Indonesia
  • Africa Commodities Group - South Africa
  • Wilmar Investment Holdings
  • Kalimantan Lumbung Energi - Indonesia
  • IOL Indonesia
  • Lanco Infratech Ltd - India
  • Malabar Cements Ltd - India
  • Cosco
  • Riau Bara Harum - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Minerals Council of Australia
  • PNOC Exploration Corporation - Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Uttam Galva Steels Limited - India
  • Petrosea - Indonesia
  • Idemitsu - Japan
  • Coal and Oil Company - UAE
  • Banpu Public Company Limited - Thailand
  • CCIC - Indonesia
  • RBS Sempra - UK
  • Directorate Of Revenue Intelligence - India
  • Central Electricity Authority - India
  • CESC Limited - India
  • CIMB Investment Bank - Malaysia
  • Star Paper Mills Limited - India
  • Asia Cement - Taiwan
  • Essar Steel Hazira Ltd - India
  • KPMG - USA
  • Commonwealth Bank - Australia
  • Lafarge - France
  • Inspectorate - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Cebu Energy, Philippines
  • India Bulls Power Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Sucofindo - Indonesia
  • Noble Europe Ltd - UK
  • Straits Asia Resources Limited - Singapore
  • Reliance Power - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Moodys - Singapore
  • Samtan Co., Ltd - South Korea
  • Bangkok Bank PCL
  • Thomson Reuters GRC
  • Energy Development Corp, Philippines
  • Tanito Harum - Indonesia
  • Glencore India Pvt. Ltd
  • Qatrana Cement - Jordan
  • BNP Paribas - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Rudhra Energy - India
  • Parliament of New Zealand
  • Australian Commodity Traders Exchange
  • Makarim & Taira - Indonesia
  • UOB Asia (HK) Ltd
  • Pipit Mutiara Jaya. PT, Indonesia
  • PLN - Indonesia
  • Therma Luzon, Inc, Philippines
  • Ambuja Cements Ltd - India
  • The University of Queensland
  • Anglo American - United Kingdom
  • Jorong Barutama Greston.PT - Indonesia
  • bp singapore
  • TeaM Sual Corporation - Philippines
  • BRS Brokers - Singapore
  • Arutmin Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Mjunction Services Limited - India
  • GB Group - China
  • Salva Resources Pvt Ltd - India
  • IHS Mccloskey Coal Group - USA
  • PowerSource Philippines DevCo
  • Carbofer General Trading SA - India
  • Ince & co LLP
  • Sarangani Energy Corporation, Philippines
  • SGS (Thailand) Limited
  • CNBM International Corporation - China
  • European Bulk Services B.V. - Netherlands
  • White Energy Company Limited
  • TGV SRAAC LIMITED, India
  • Electricity Generating Authority of Thailand
  • VISA Power Limited - India
  • ACC Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Pinang Coal Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Thriveni
  • HSBC - Hong Kong
  • Oldendorff Carriers - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Interocean Group of Companies - India