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Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
 PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indonesia Pratama, a subsidiary of an IDX-listed PT Bayan Resources Tbk. IPR is a robust project with high reserve potentials located in Tabang, the Kutai Kartanegara Regency, Province of East Kalimantan.
According to the press release from Delta Dunia, the contract is approximately valued at Rp 14 trillion or equivalent to over US$1.0 billion, for expected total volume of 287 million bcm in overburden removal, and 96 million tonnes in coal under the mining services contracts. In addition, BUMA is expected to haul 95 million tonnes of coal under the coal transport contract. The contracts will last eight years to December 2025, with average annual production of 38 - 42 million bcm of overburden removal and 12 - 14 million tonnes of coal, after ramp-up. Production is expected to start in July 2018.
The company further said, the IPR contract reflects re-establishment of relationship with Bayan group, a notable name in Indonesia coal industry, with whom the Company worked in the recent past. The Company hopes to nurture strong relationship that would translate to long-term partnership.
Previous to IPR, BUMA recently signed three contracts, altogether valued at around US$1.0 billion. Including IPR, BUMA has secured a total of US$2.0 billion worth of contracts in 2018, bringing its total order book to US$7.0 billion. BUMA continues to pursue discussions related to both extensions and new contracts. In doing so, BUMA remains focused on attaining long-term sustainability and delivering profitable growth.
About PT Delta Dunia Makmur Tbk.
Delta Dunia Makmur was established in 1990 and through its primary subsidiary, BUMA, is the second largest coal mining contractors in Indonesia, based on production volumes, providing service to some of the largest coal producers in Indonesia.
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Sunday, 12 July 15
SHIPYARD NOT LIABLE FOR ENGINE ROOM FIRE CAUSED BY OIL LEAKAGE - BIRCH WINDAHL
KNOWLEDGE TO ELEVATE
A Danish vessel owner requested a Danish shipyard to undertake repairs and maintenance works on its vessel. An agreement ...
Saturday, 11 July 15
MAJOR IRANIAN GAS EXPORTS WILL TAKE AT LEAST FIVE YEARS - FITCH
Iran has the long-term potential to become one of the world's top gas producers, thanks to its 34 trillion cubic meters (tcm) of natural gas re ...
Friday, 10 July 15
DRY BULK MARKET KEEPS POSITIVE MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its positive momentum over the course of the past few days, thanks to Panamax gains. During yesterday’s session ...
Friday, 10 July 15
U.S PRODUCED APPROXIMATELY TOTALED AN ESTIMATED 14.1 MMST WEEK OVER WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 14.1 million short ...
Thursday, 09 July 15
CPP MARKET : POSITIVE IN THE SHORT TERM - GEORGE VASTARDIS
Despite the traditionally quieter summer period, the clean tanker market has so far experienced healthy activity especially East of Suez. Increased ...
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- The University of Queensland
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
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- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Australian Coal Association
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- AsiaOL BioFuels Corp., Philippines
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- Minerals Council of Australia
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- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
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- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
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- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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