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Tuesday, 25 February 20
DELTA DUNIA MAKMUR REGISTERED A NET PROFIT OF US$20 MILLION FOR FY 2019
 PT Delta Dunia Makmur, one of the largest coal mining company in Indonesia, has recorded an US$882 million revenue for FY 2019, 1% lower compared to FY 2018 due to lower volume and lower mining rates as coal market was weak and uncertain during 2019, the company said in its latest press release.
According to company’s latest press release, the company has removed 79 million bcm of overburden in 4Q 2019, 27% lower from 108.5 million bcm in 4Q 2018.
The company also mined 12.2 million tonnes of coal in 4Q 2019, higher by 2% compared to 12 million tonnes in 4Q 2018. The company also registered a net profit of US$20 million for FY 2019, 73% lower compared to US$76 million in FY 2018. According to press release, in addition, given lower volume in 2019, asset utilization rate was not optimal, and therefore, cash costs were hampered.
The company has spent a US$73 million as capital expenditure for FY 2019, lower by 76% compared to the same period last year. For FY 2019, free cash flows were $81 million and operating cash flows remained relatively healthy at US$152 million.
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Sunday, 23 February 20
SHIPPING INDUSTRY FACES $370 MILLION HIT FROM NEW PANAMA CANAL CHARGE - REUTERS
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up ...
Sunday, 23 February 20
A 57,000DWT SHIP FIXING DELIVERY SOUTH KALIMANTAN TRIP, REDELIVERY CJK, AT $7,600 - BALTIC BRIEFING
Capesize
The Capesize market found little to cheer about this week as it again endured remarkable lows. The Atlantic continued to improve, with ...
Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank
One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...
Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...
Friday, 21 February 20
INDIA: POTENTIAL INVESTORS SEEK MORE CLARITY ON COMMERCIAL COAL MINING NORMS - FINANCIAL EXPRESS
Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. ...
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- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- White Energy Company Limited
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
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