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Tuesday, 25 February 20
DELTA DUNIA MAKMUR REGISTERED A NET PROFIT OF US$20 MILLION FOR FY 2019
 PT Delta Dunia Makmur, one of the largest coal mining company in Indonesia, has recorded an US$882 million revenue for FY 2019, 1% lower compared to FY 2018 due to lower volume and lower mining rates as coal market was weak and uncertain during 2019, the company said in its latest press release.
According to company’s latest press release, the company has removed 79 million bcm of overburden in 4Q 2019, 27% lower from 108.5 million bcm in 4Q 2018.
The company also mined 12.2 million tonnes of coal in 4Q 2019, higher by 2% compared to 12 million tonnes in 4Q 2018. The company also registered a net profit of US$20 million for FY 2019, 73% lower compared to US$76 million in FY 2018. According to press release, in addition, given lower volume in 2019, asset utilization rate was not optimal, and therefore, cash costs were hampered.
The company has spent a US$73 million as capital expenditure for FY 2019, lower by 76% compared to the same period last year. For FY 2019, free cash flows were $81 million and operating cash flows remained relatively healthy at US$152 million.
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Sunday, 23 February 20
SHIPPING INDUSTRY FACES $370 MILLION HIT FROM NEW PANAMA CANAL CHARGE - REUTERS
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up ...
Sunday, 23 February 20
A 57,000DWT SHIP FIXING DELIVERY SOUTH KALIMANTAN TRIP, REDELIVERY CJK, AT $7,600 - BALTIC BRIEFING
Capesize
The Capesize market found little to cheer about this week as it again endured remarkable lows. The Atlantic continued to improve, with ...
Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank
One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...
Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...
Friday, 21 February 20
INDIA: POTENTIAL INVESTORS SEEK MORE CLARITY ON COMMERCIAL COAL MINING NORMS - FINANCIAL EXPRESS
Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. ...
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- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
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