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Wednesday, 03 May 17
MALAYSIA SEEMS AS BIGGEST ADARO COAL IMPORTER IN Q1' 17
 COALspot.com: In 1Q17, 30% of Adaro's sales went to Indonesia, the data from unaudited consolidated financial statement shows.
Malaysia came second (15%), as the country increased its coal-fired power generation capacity. Adaro’s sales to India and China declined to 5% and 2%, respectively, due to priority allocation to Adaro’s premium customer, including domestic market, the company said in its latest financial statement. Adaro’s sales to Korea, Japan, Hong Kong and Taiwan were reported at 13%, 12%, 6%and 6% respectively.
PT Adaro Energy Tbk, the Indonesia's one of the largest coal producers operational EBITDA increased 44% to US$276 million in 1Q, 2017.
According to Company's unaudited consolidated financial statements for the first three months of 2017, the company's Core businesses’ after-tax earnings, increased 63% year-on-year to US$132 million and the company also maintained a strong liquidity of US$1,193 million, as Adaro Energy (AE) generated strong cash flow providing flexibility and support against the changing dynamics in the coal market.
“We remain cautiously optimistic with the dynamics in the coal market. Amidst the volatile condition, we continue to promote operational excellence and focus on efficiency and productivity across our three pillars of growth. We generated a solid Operational EBITDA and maintained a strong liquidity, ensuring business sustainability. Adaro Energy’s good start to the year demonstrated the strength of our vertically integrated business model and we are well positioned for the challenges and opportunities that lie ahead”, said Adaro Energy’s President Director and Chief Executive Officer, Mr Garibaldi Thohir.
The company's average selling price of coal increased in 1Q by 39% compared to the same period last year as coal market conditions improved this year. In 1Q17, the company said, it booked US$727 million of revenue, a 24% increase from the same period last year. The company's coal production in 1Q17 totalled 11.86 Mt. The company is also planning to produce 52-54 Mt of coal in 2017.
Due to the higher revenue, the company has paid US$75 million (up 26% YoY) as royalties to the Government of Indonesia in 1Q. The royalties to the Government of Indonesia that accounted for 15% of the total cost of revenue.
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Monday, 10 April 17
THE CAPE INDEX WAS DOWN BY 16.32% WEEK OVER WEEK
COALspot.com: The Freight market was steady week over a week except for Cape. The cape index was down 16.32 percent week over week.
The Baltic ...
Friday, 07 April 17
INDONESIAN GOVERNMENT DECLARED SPOT COAL PRICES STAGE FIRST INCREASE OF THE YEAR
COALspot.com: Indonesian government declared coal benchmark price rose slightly in April, government data showed.
The benchmark price of Indon ...
Friday, 07 April 17
U.S WEEKLY COAL OUTPUT ALMOST FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.5 million short tons ...
Thursday, 06 April 17
PANAMAX: THE MARKET HAS CONTINUED THE FIRM SENTIMENT FROM LAST WEEK IN BOTH HEMISPHERES - FEARNLEYS
Supramax
With holidays in Asia, the week has started very slow in Pacific. Some fixtures have still been done and levels have remained quite stab ...
Wednesday, 05 April 17
THE AVERAGE SECOND HAND PANAMAXES AND CAPES PRICES FOR A 5-YR OLD VESSEL HAS INCREASED MORE THAN 19% AND 20% RESPECTIVELY M/M - INTERMODAL
With the help of what so far appears to be a very strong grain season together with the fact that imports from China have remained so far robust in ...
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- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Minerals Council of Australia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- The University of Queensland
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
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