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Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
 Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an amendment to its existing loan facility from The Bank of Tokyo Mitsubishi UFJ, Ltd. (“BTMU”).
The amended agreement has total facility of USD150 million, an increase of USD50 million from the original facility that was signed in February 2017. The amended facility maintains its interest rate of LIBOR + 3% p.a. (“Amended BTMU Facilities”).
BUMA’s recent contracts signing with PT Tanah Bumbu Resources, PT Angsana Jaya Energi and PT Insani Baraperkasa have increased its order book from USD5.0 billion to a total of USD6.0 billion. Given the favourable coal market condition, BUMA is also in discussion with both existing and potential new customers regarding more new contracts. The Amended BTMU Facilities complements BUMA’s liquidity to support its growth.
Despite the additional facilities, DOID is expected to maintain a healthy net debt to EBITDA ratio of less than 2.0x, giving significant room in its balance sheet to support further growth.
The Amended BTMU Facilities reflects continued confidence by BUMA’s long-time creditor, BTMU, and is expected to further strengthen the relationship with a business partner that has been mutually supportive over the years.
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Tuesday, 27 March 18
SHIPPING MARKET ANALYSIS - GERRY LATHROP
With the almost complete phase out of Tier II new-building slots on our door step, along with the plethora of emissions related articles seemingly ...
Friday, 23 March 18
RIO TINTO AGREES SALE OF HAIL CREEK AND VALERIA TO GLENCORE FOR $1.7 BILLION
Press Release: Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and th ...
Wednesday, 21 March 18
CHINA'S RAW COAL OUTPUT UP IN 2017, FIRST GROWTH SINCE 2014 - XINHUA
China’s raw coal output rose in 2017 due to rebounding demand and high-quality capacity, according to the National Bureau of Statistics (NBS) ...
Wednesday, 21 March 18
MARKET INSIGHT - CHRISTOPHER T. WHITTY
President’s Trump administration proposed tariffs on steel and aluminum imports in an attempt to target China and Europe among others. Earlie ...
Tuesday, 20 March 18
SHIPPING MARKET ANALYSIS - GEORGE LAZARIDIS
It has been a chilling start to the week for the global economy, with the vast majority of stock exchanges noting a fair drop, after a series of se ...
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- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Planning Commission, India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
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