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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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Saturday, 15 February 20
AFRAMAX: A MORE POSITIVE ATTITUDE EXISTED IN THIS SECTOR WITH RATES IMPROVING ON ALL ROUTES - BALTIC BRIEFING
VLCC
The market in the Middle East was unmoved this week, with Chinese refiners continuing to slow imports, allied with the impact of the Coron ...
Saturday, 15 February 20
A 56,000DWT VESSEL WAS CONCLUDED BASIS DELIVERY SINGAPORE VIA INDONESIA REDELIVERY CHINA IN THE LOW $6,000S - BALTIC BRIEFING
Capesize
Riding the downward momentum of the previous week, the market was always going to be hard pressed to make any sort of revival. With mu ...
Saturday, 15 February 20
U.S. COAL PRODUCTION WILL TOTAL 595 MMST IN 2020, DOWN 14% FROM 2019 - EIA
EIA forecasts that U.S. coal production will total 595 million short tons (MMst) in 2020, down 95 MMst (14%) from 2019.
Lower ...
Friday, 14 February 20
WHY THE WORLD ECONOMY WILL BE FACING CHINA'S CORONAVIRUS FOR A LONG TIME - CNBC
Everywhere we look we see the headlines and commentators talking about the coronavirus and its impact on tourism, trade and investment between Chin ...
Friday, 14 February 20
KOWEPO INVITED BIDS FOR 1.275 MILLION TONS OF MIN. 5,600 NCV COAL
COALspot.com: Korea Western Power Co. Ltd (KOWEPO). as a representative of five Korean Gencos has issued an international tender for total 1,275,00 ...
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- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
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