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Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. The target is in line with production target of 20.3 million tons, a 17.34 percent increase from 17.38 million tons, as reported by Insider Stories.
President Director Rosan P. Roeslani said the EBITDA will be underpinned by higher coal's average selling price (ASP) as well.
The ASP this year is estimated to increase 21.31 percent to US$ 74 per ton from US$ 61 per ton last year. "Sales may up 30 percent from last year, driving higher EBITDA of 60 -70 percent."
Insider Strories further reported that, Indonesia's fifth largest coal producer PT Berau Coal Energy Tbk (BRAU) is providing US$126 million to optimize coal output to 20.3 million tons.
President Director Rosan P. Roeslani said by 2014, the company requires US$ 350 million to expand business. Berau is relying on internally generated cash flow and retained earning. "For 2011, we will spend US$ 126 million. So far, we will use internally cash flow and retained earning," he said.
By end of 2014, Berau is scouting to boost coal output to 30 million tons or to lift 3 million tons per annum. In 2010, Berau produced 17.38 million tons, while coal sales was 17.38 million tons from 17.07 million tons.
Berau was agreed by its shareholders to distribute Rp123.9 billion (approx. US$ 14,403,305.47) dividend or Rp 3.55 per share. The dividend payout ratio is 20 percent of Berau's net profit.
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Thursday, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy
The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...
Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...
Monday, 30 May 11
MIANG BESAR COAL TERMINAL ON TARGET
COALspot.com - MBCT, to be largest coal terminal in Asia to start construction in Indonesia’s east Kalimantan Island in July 2011 says Mr. Joh ...
Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...
Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy
Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnag ...
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- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Australian Coal Association
- Independent Power Producers Association of India
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