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Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
 Coal miner Bukit Asam announced 50 percent profit growth to Rp 2.58 trillion (US$177.33 million) in the first half of 2018, on the back of a coal-price increase and improved efficiency.
The company booked Rp 10.53 trillion revenue in the first half, 17 percent higher than the figure in the same period last year, while its sales increased 8 percent to 12.22 million ton.
“The price increased by 9 percent to 838,288 per ton on average,” said Bukit Asam corporate secretary Suherman in Jakarta on Monday as reported by kontan.co.id.
He said the company managed to press cost of revenue by 9 percent to Rp 6.1 trillion, while production volume increased by 19 percent, compared to the figure in the corresponding period of 2017, which was recorded at 11.36 million ton.
Suherman acknowledged that the domestic market obligation (DMO), which was decided at US$70 per ton, had affected the company’s revenue. Under the DMO scheme, the coal miner is required to sell 25 percent of its products to the local market, particularly to fuel power plants.
Bukit Asam aims this year to sell 25.88 million tons of coal, 53 percent of which to the domestic market, while the other 47 percent of the commodity will be exported.
However, not all coal produced by Bukit Asam for the domestic market is sold based on the DMO price because after fulfilling the DMO quota, the company sells the remaining coal to other miners unable to fulfill their DMO quota of 25 percent of production. The coal is sold according to market price.
Source: The Jakarta Post
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Monday, 11 June 18
AUSTRALIAN COAL PRICES HIT 6-YEAR HIGH AS ASIA DEMAND SPIKES - REUTERS
Australian thermal coal prices have risen to their highest level since 2012 as hot weather across North Asia spurs buying ahead of the peak summer ...
Monday, 11 June 18
ANALYSING A NEW AGE OF AUTONOMOUS VESSELS - IMO
The International Maritime Organization answers the questions of Government Europa on how the next generation of autonomous vessels can be regulate ...
Friday, 08 June 18
AUSTRALIAN THERMAL COAL PRICES SURGE AS ASIA DEMAND HEATS UP - REUTERS
Australian thermal coal prices have hit their highest level since late 2016 as the market heats up on strong demand across North Asia and China in ...
Wednesday, 06 June 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
As observed last month the price of oil hit its highest level since November 2014 reaching $80 per barrel. Global oil demand growth for 2018 was sl ...
Tuesday, 05 June 18
SOUTH KOREA'S SULPHUR CAP ALTERS ASIAN COAL MARKET DYNAMICS: RUSSELL
South Korea’s imposition of a strict sulphur cap on its imported coal is likely to cause ripples across Asia’s markets for the pollutin ...
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- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
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