We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
.jpg) One of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ 1,447.2 million in the same period the previous year.
According to Warta Ekonomi, Arsjad Rasjid, Indika Energy's President Director, said that the main factor was the decline of PT Kideco Jaya Agung income, which amounted to US $ 810 million in the first six months of 2019 compared to US $ 938.8 million in the first semester of 2018, due to weakening of International coal prices.
He further said, the Company's coal sales volume, through Kideco and PT Multi Tambangjaya Utama (MUTU), increased by 556 thousand tons. for the period January to June 2019. Kideco sold 17.5 million tons of coal, an increase of 200 thousand tons year on year. While MUTU sold 764 thousand tons of coal, an increase of 356 thousand tons compared to the first semester of 2018, the report says.
"The performance of the first semester of 2019 reflects our focus on optimizing performance amid the current coal market conditions and global economic pressures," he said, in an official statement in Jakarta on Wednesday (07/31/2019) said Warta Ekonomi.
Where, the Company's gross profit in the first half of 2019 decreased 37.7% to US $ 235.4 million compared to US $ 377.7 million in the same period in 2018. Operating Income decreased to US $ 163.7 million compared to US $ 312 , 1 million in H1 2018.
"The downward trend in coal prices that occurred since last year has an impact on the Company's Financial Report. "We always focus on maintaining production efficiency, controlling operational costs, and optimizing synergies between the Company's business units," he concluded.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 26 February 19
THE RELATIVELY DISAPPOINTING SCENE PORTRAYED IN THE DRY BULK MARKET RIGHT NOW - ALLIED SHIPBROKING
The relatively disappointing scene portrayed in the dry bulk market right now (especially in the Capesize segment) is undoubtedly one of the prevai ...
Friday, 22 February 19
AUSTRALIAN HIGH CV THERMAL COAL PRICES AT 19-MONTH LOW, BUT NOT FOR LONG - WOOD MACKENZIE
The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has be ...
Wednesday, 20 February 19
EFFECTIVE NOTICES OF ARBITRATION - AVOIDING WASTED COSTS AND A POTENTIALLY TIME-BARRED CLAIM
KNOWLEDGE TO ELEVATE
In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that ow ...
Wednesday, 20 February 19
SHIPPING MARKET INSIGHT - INERMODAL
Market experts mostly agree that the recent dry bulk market downtrend was caused by seasonal slowdown amid the Chinese New Year celebrations in com ...
Tuesday, 19 February 19
AUSTRALIA'S COAL FUTURE UNDER THREAT AS MORE CHANGES HIT FOSSIL FUELS GLOBALLY - ABC
Two disparate decisions from opposite corners of the world have sounded warnings for the future of Australia’s coal industry.
...
|
|
|
Showing 1461 to 1465 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
|
| |
| |
|