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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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Friday, 06 July 18
HOW FLEET SIZE, CORPORATE PROFILE AND STRATEGY ARE DECIDING FACTORS IN SELECTING AN APPROPRIATE FINANCING STRATEGY - PWC
KNOWLEDGE TO ELEVATE
The challenges that shipping companies are facing when selecting an appropriate financing strategy during the current per ...
Friday, 06 July 18
INDIA: GOVT TO RELAX CURBS ON INDIAN FIRMS CHARTERING FOREIGN SHIPS - HINDU BUSINESS LINE
The Ministry of Shipping is clearly in reform mode. On the heels of the recent relaxation of the cabotage law, which allows foreign flag vessels to ...
Friday, 06 July 18
AUSTRALIAN NEWCASTLE SPOT COAL PRICES HIT $120 FOR 1ST TIME SINCE 2012 - REUTERS
Australian thermal coal prices have broken through $120 per tonne for the first time since 2012, driven up by strong consumption in Asia and spot m ...
Thursday, 05 July 18
WHAT THE FAILED GLENCORE-TOHOKU COAL TALKS MEAN FOR THE MARKET - REUTERS
Electric utilities in Japan and other Asian countries are driving blind when it comes to coal prices after the failure of Japan’s Tohoku Elec ...
Thursday, 05 July 18
INDONESIAN COAL PRICE REFERENCE HITS 74 MONTHS HIGH OF $104.65 A TON
COALspot.com: HBA keeps rising. According to latest ministerial decree No.1892 K/30/MEM/2018 dated 2 July 2018, the Indonesian Coal Price Reference ...
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- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- White Energy Company Limited
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
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