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

Friday, 10 March 17
THE 5TH PHILIPPINES POWER AND ELECTRICITY WEEK RETURNS WITH A UNIQUE FOCUS IN 2017
5th Annual Philippines Power & Electricity 18-21 July 2017 Solaire Resort & Casino,Manila, Philippines http://www.philippinespowe ...


Thursday, 09 March 17
INDONESIAN COAL BENCHMARK PRICE DROPPED FOR A THIRD STRAIGHT MONTH IN MARCH, GOVERNMENT DATA SHOWED
COALspot.com: Indonesian government declared coal benchmark price dropped for a fourth straight month in March, government data showed. The ...


Wednesday, 08 March 17
THE FREIGHT MARKET TODAY PROVIDES MUCH MORE CONFIDENCE COMPARED TO LAST YEAR - TIMOS PAPADIMITRIOU
So what's all the fuss about? During the past five months SnP activity has being surging exponentially in the dry bulk sector. Buyers are looki ...


Monday, 06 March 17
THE FREIGHT MARKET WAS CONTINUING TO FIRM UP THIS PAST WEEK
COALspot.com: The Freight market was continuing to firm up this past week. The Baltic Exchange, tracking rates for ships carrying dry bulk com ...


Friday, 03 March 17
U.S. WEEKLY COAL PRODUCTION ESTIMATED AT 15.7 MMST; DECLINE 6.7% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...


   420 421 422 423 424   
Showing 2106 to 2110 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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