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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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Friday, 02 March 18
MORE COAL INQUIRES FROM SOUTH AFRICA TO INDIA; SUPRAS FIXED CA $12K + BB - FEARNLEYS
Supramax
Better rates in Atlantic, but not too busy market just yet.
Black Sea catched improving rates for grain cargoes, where supras to Eg ...
Friday, 02 March 18
U.S. WEEKLY COAL PRODUCTION DOWN 2.7 PER CENT W/E 24 FEB, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Wednesday, 28 February 18
INDIA: TEPID COAL TRAFFIC TO HIT VOLUME GROWTH AT PORTS TILL 2022 - PTI
Cargo growth at the country’s major ports is all set to moderate to 3-5 per cent per annum over the next five years due to the “sedate ...
Wednesday, 28 February 18
MARKET INSIGHT - LINOS KOGEVINAS
US Shale production continues to grow rapidly, hitting new records and with projections being revised upwardly at every turn. According to the Inte ...
Tuesday, 27 February 18
SHELL SEES POTENTIAL LNG SUPPLY SHORTAGE AS GLOBAL DEMAND SURGES
Media Release: The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 ...
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- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- The University of Queensland
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- White Energy Company Limited
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
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