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Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
 Coal miner Bukit Asam announced 50 percent profit growth to Rp 2.58 trillion (US$177.33 million) in the first half of 2018, on the back of a coal-price increase and improved efficiency.
The company booked Rp 10.53 trillion revenue in the first half, 17 percent higher than the figure in the same period last year, while its sales increased 8 percent to 12.22 million ton.
“The price increased by 9 percent to 838,288 per ton on average,” said Bukit Asam corporate secretary Suherman in Jakarta on Monday as reported by kontan.co.id.
He said the company managed to press cost of revenue by 9 percent to Rp 6.1 trillion, while production volume increased by 19 percent, compared to the figure in the corresponding period of 2017, which was recorded at 11.36 million ton.
Suherman acknowledged that the domestic market obligation (DMO), which was decided at US$70 per ton, had affected the company’s revenue. Under the DMO scheme, the coal miner is required to sell 25 percent of its products to the local market, particularly to fuel power plants.
Bukit Asam aims this year to sell 25.88 million tons of coal, 53 percent of which to the domestic market, while the other 47 percent of the commodity will be exported.
However, not all coal produced by Bukit Asam for the domestic market is sold based on the DMO price because after fulfilling the DMO quota, the company sells the remaining coal to other miners unable to fulfill their DMO quota of 25 percent of production. The coal is sold according to market price.
Source: The Jakarta Post
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Tuesday, 31 July 18
ENERGY MINISTRY REMAINS FIRM ON DMO POLICY FOR COAL - JP
The Energy and Mineral Resources Ministry has stressed that it will not cancel its policy on the domestic market obligation (DMO) for coal, as the ...
Saturday, 28 July 18
GOVERNMENT TO REVOKE COAL PRICE CAP POLICY - JP
The government plans to revise its domestic market obligation (DMO) on coal price next week during a high-level meeting with President Joko “ ...
Thursday, 26 July 18
A SUPRAMAX IS NOW PAID AROUND USD 21,500 FOR LOADING IN THE US GULF WITH DISCHARGE IN THE FAR EAST - FEARNLEYS
Cape
There has been a relatively strong summer period so far, and there is a strong week we have left behind us.
In the Pa ...
Thursday, 26 July 18
ASEAN COAL IMPORTS INCREASED IN 2Q' 18 COMPARED TO THE PRIOR YEAR; THIS TREND TO CONTINUE AS 56 GIGAWATTS OF NEW COAL PLANTS IN 24 COUNTRIES WORLDWIDE ARE EXPECTED TO COME ONLINE IN 2018 - PEABODY
Peabody announced its second quarter 2018 operating results, including revenues of $1.31 billion, income from continuing operations, net of income ...
Wednesday, 25 July 18
TANKER MARKET INSIGHT - DIMITRIS KOURTESIS
We are now into the second half of 2018, which so far has not been a fruitful year for tankers. With 2020 quickly approaching we need to consider t ...
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- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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