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Tuesday, 21 March 17
DESPITE THE CHALLENGING MARKET SITUATION IN 2016 THE DELTA DUNIA MAKMUR HAS ACHIEVED A NET PROFIT OF US$37 MILLION
 COALspot.com: PT Delta Dunia Makmur Tbk. has announced its financial results for the period ended December 31, 2016.
Despite challenging market situation for most of 2016, the Company has managed to turn around its operations and recorded net profit of US$37 million compared to net loss of US$ 8 million in 2015.
According to the press release from the company, the Company delivered overburden removal of 299.8 million bcm and coal of 35.1 million ton. Net revenue increased from USD566 million in 2015 to US$ 611 million in 2016. EBITDA also improved from US$186 million to US$217 million in 2016 as the result of improvement in volume, productivity and various cost efficiency measures.
The press release further noted that the company has generated free cash flows of US$107 million after investment of US$126 million in capital expenditure. Outstanding debt was reduced by a net of US$ 73 million throughout 2016, resulting in net debt position of US$497 million and net debt to EBITDA ratio of 2.3x.
As announced previously, the company said, the Company has signed several contracts throughout 2016 consisting mostly of contract extensions to life of mine and some, with significant additional volume.
Contracts signed were
(i) contract extension with PT Tadjahan Antang Mineral valued at ~US$288 million,
(ii) contract amendments with PT Berau Coal valued at ~US$3 billion,
(iii) with PT UPS Sidrap Bayu Energy valued at ~US$4 million,
(iv) contract extension with PT Adaro Indonesia valued at ~US$428 million, and
(v) a new contract with PT Angsana Jaya Energi valued at ~US$66 million.
The company further said the total contract on hand with customers is around US$ 5 billion.
With the turnaround of the operations, existing contract on hand, much-improved balance sheets position and the recovery of coal price; the management believes that this is an exciting time and the Company looks forward to profitable growth in the future, the company has concluded.
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Thursday, 13 July 17
SUPRAMAX: NICKEL ORE TRIPS TO CHINA VIA PHILIPPINES WITH DELIVERY S. CHINA IS PAYING AROUND MID $9000 - FEARNLEYS
Supramax
COALspot.com: Another slow start to the week with somewhat softening rates and few fixtures.
Nickel Ore trips to China via the Phil ...
Wednesday, 12 July 17
COAL HAS CONTINUED A STELLAR RUN OVER THE PAST YEAR GAINING ~10% OVER THE PAST QUARTER AND ~41% OVER THE PAST YEAR - LINOS KOGEVINAS
Having just passed the second quarter of 2017, it is interesting to take a look at the performance of the commodity market and how certain commodit ...
Monday, 10 July 17
A ROLLERCOASTER YEAR FOR COAL PRICES; ICPR ROSE 4.62% M/M
COALspot.com: Indonesian coal benchmark price rose 4.62% in July, government data showed.
The benchmark price of Indonesian thermal c ...
Monday, 10 July 17
THE FREIGHT MARKET WAS SHOWS A NEGATIVE TREND WEEK OVER WEEK
COALspot.com: The Freight market decline this past week compared to the previous week, as BDI and Cape indexes show a negative trend week over week ...
Friday, 07 July 17
SHOULD WE BE AVOIDING GENERAL AVERAGE? - ALEX KEMP
KNOWLEDGE TO ELEVATE
Calls for general average to be abolished are nearly as old as the regime itself. A representative of Lloyd’s atten ...
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Showing 2006 to 2010 news of total 6871 |
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- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Minerals Council of Australia
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Planning Commission, India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Economic Council, Georgia
- Aditya Birla Group - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
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