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.
|
|
Thursday, 10 January 19
BUNKER DELIVERY NOTE AMENDMENTS ENTER INTO FORCE AS SULPHUR 2020 REQUIREMENT LOOMS - IMO
KNOWLEDGE TO ELEVATE
Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative m ...
Thursday, 10 January 19
WORLD TRADE IN THERMAL COAL IS ESTIMATED TO HAVE GROWN BY 1.0 PER CENT IN 2018 - DEPARTMENT OF INDUSTRY, AUSTRALIA
World Trade
World trade in thermal coal is estimated to have grown by 1.0 per cent to 1.1 billion tonnes in 2018 but it is expected to decline ...
Thursday, 10 January 19
PAKISTAN'S COAL IMPORTS TO SURGE TO 30 MILLION TONS PER ANNUM BY 2020 - CEO, PIB
Pakistan’s coal imports are estimated to surge to 30 million tons/annum from existing 20 million tons/annum by the year 2020, given the plann ...
Wednesday, 09 January 19
PANAMAX: THE PACIFIC SAW RELATIVELY GOOD DEMAND PARTICULARLY FROM INDONESIA AND NOPAC - BALTIC BRIEFING
Capesize
It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period. Rates for Chi ...
Wednesday, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
Paraphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resemble ...
|
|
|
Showing 1496 to 1500 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Australian Coal Association
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
|
| |
| |
|