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Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank cubic meter (bcm) of overburden removal in January 2012, a slight decrease of 3.10% from 25.8 million bcm in December last year.
In a company announcement recently published, Delta Dunia posted a 2.6 million tons of coal production in January this year, a 3.70% decrease from 2.7 million tons in December last year.
Compared to the positions in January 2011, DOID booked a flat coal production of 2.6 million tons and a lowered overburden of 3.1% from 25.8 million bcm in January last year.
For the full year of 2011, Delta Dunia, via its wholly owned subsidiary PT Bukit Makmur Mandiri Utama (BUMA), produced 334.1 million bcm OB or increased 14.3% yoy and extracted 34.7 metric tons coal or relatively flat to last year (-1% yoy), which below company’s FY11 target of 340 million-350 million bcm OB & 37 metric tons-38 metric tons coal or about 3%-6% below our expectation respectively.
The fourth quarter of 2011 result could be below expectation.
"In 4Q11, we expect DOID to post net profif of around Rp220 billion. Considering the recovery pace still slow following the weather risk, overall the 4Q11’s operational results below the company’s guidance who expect OB capacity should jump to 31 million-32 million bcm per month on average vs actual of 28.6 million bcm. Therefore we expect there is 15%-20% downside of our earnings forecast in 4Q11," said a morning notes published by Mandiri Sekuritas on January 16 2012.
Source: Insider Stories
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Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...
Thursday, 22 March 12
DRY BULK MARKET KEEPS SURGING, CAPESIZES FALLING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what seems to be an establishing pattern, the dry bulk market has kept its upward momentum, edging closer to the 900 point-mark, but the larger s ...
Wednesday, 21 March 12
BUMA HAS PRODUCED 2.3 MILLION TONS OF COAL IN FEBRUARY 2012
COALspot.com - PT. Delta Dunia Makmur's overburden removal in February 2012 has reached totaled 23.8 million bcm (+2.4% YoY) while coal production ...
Tuesday, 20 March 12
SMALLER DRY BULK VESSELS STILL LEADING DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been growing during the past couple of weeks, but contrary to the usual practice, it’s not the larger Capesizes which ...
Monday, 19 March 12
WEEKLY DRY MARKET OVERVIEW: SMALLER VESSELS LEAD RATES HIGHER - MARIA BERTZELETOU, HELLENIC SHIPPING
The upward trend of the Baltic Dry Index persists strong from the end of February, spurred from the supramax market that offsets the weakness in the ...
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- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Posco Energy - South Korea
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Australian Coal Association
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
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