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Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
 Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an amendment to its existing loan facility from The Bank of Tokyo Mitsubishi UFJ, Ltd. (“BTMU”).
The amended agreement has total facility of USD150 million, an increase of USD50 million from the original facility that was signed in February 2017. The amended facility maintains its interest rate of LIBOR + 3% p.a. (“Amended BTMU Facilities”).
BUMA’s recent contracts signing with PT Tanah Bumbu Resources, PT Angsana Jaya Energi and PT Insani Baraperkasa have increased its order book from USD5.0 billion to a total of USD6.0 billion. Given the favourable coal market condition, BUMA is also in discussion with both existing and potential new customers regarding more new contracts. The Amended BTMU Facilities complements BUMA’s liquidity to support its growth.
Despite the additional facilities, DOID is expected to maintain a healthy net debt to EBITDA ratio of less than 2.0x, giving significant room in its balance sheet to support further growth.
The Amended BTMU Facilities reflects continued confidence by BUMA’s long-time creditor, BTMU, and is expected to further strengthen the relationship with a business partner that has been mutually supportive over the years.
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Planning Commission, India
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