Adaro Energy update: Maritim Barito Perkasa, Orchard Maritime ? Barging

The following is an edited excerpt from IDX-listed energy firm PT.Adaro Energy 's third quarter report released on Monday. (ed)

Orchard Maritime Logistics Ltd (OML), PT Maritim Barito Perkasa (MBP) and PT Harapan Bahtera Internusa (HBI) - Barging and Ship Loading Contractor (95% - 100% - 100%)

In 3Q11, total coal barged increased 65% to 4.54 million tonnes due to a shorter cycle time at Taboneo anchorage as well as a new third party contract awarded at the beginning of this year. Total coal loaded also increased 65% to 4.22 million tonnes, as two of our floating cranes that were under maintenance since 1Q11 were back in full operation. Our barging and ship loading contractor is on track to achieve its target of 14.8 million tonnes of barged coal and 13.5 million tonnes of coal loaded. (end of edited excerpt)

Year on Year	Units	3Q11	3Q10	% Change
Total Coal Barged	Mt	4.54	2.75	65%
Adaro	Mt	4.25	2.61	63%
Others	Mt	0.29	0.14	106%
Total Coal Loaded	Mt	4.22	2.55	65%
Adaro	Mt	4.22	2.41	75%
Others	Mt	-	0.14	-100%
Quarter on Quarter	Units	3Q11	3Q10	% Change
Total Coal Barged	Mt	4.54	3.71	22%
Adaro	Mt	4.25	3.20	33%
Others	Mt	0.29	0.51	-44%
Total Coal Loaded	Mt	4.22	2.56	65%
Adaro	Mt	4.22	2.56	65%
Others	Mt	-	0.01	-100%
9H11 vs. 9H10	Units	9M11	9M10	% Change
Total Coal Barged	Mt	11.60	8.58	35%
Adaro	Mt	10.38	7.92	31%
Others	Mt	1.22	0.66	85%
Total Coal Loaded	Mt	9.75	9.17	6%
Adaro	Mt	9.68	9.03	7%
Others	Mt	0.07	0.14	-48%