We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logistic group, has through its wholly-owned subsidiary, Marco Polo Shipping Co Pte Ltd, secured a 4year coal transshipment contract worth about US$20 million.
The transshipment contract, which will commence from June 2010 for a period of 4 years, is secured with an Indonesian coal owner. Pursuant to which and in full compliance with the Indonesian cabotage rules, which require such transportation of coal to be carried out in Indonesian waters be provided by Indonesian-flagged vessels, MP Shipping shall provide the transshipment services through the deployment of its fleet of Indonesian-flagged vessels.
Commenting on the transshipment contract, Mr Sean Lee Yun Feng, the CEO of the Company, remarked that “The new coal customer provides coal, a key substitute for oil in Indonesia, to coal-fired power utility plants, owned by the Indonesian government, located in the various parts of Indonesia. Against a backdrop of increased oil prices, we are thrilled to be a participant of this promising business and have recently converted a number of our vessels into Indonesia-flagged vessels via sale-and-leaseback arrangements to capitalise on the demand growth for such vessels.” The transshipment contract is expected to contribute positively to the Group’s consolidated profit after tax for the current financial year ending 30 September 2010.
About Marco Polo Marine Ltd Marco Polo Marine is an integrated marine logistic group that facilitates the growth of and investments in South East Asia through its ship chartering and shipyard businesses.
The Group's ship chartering business provides tug boats and barges to its customers from the mining, commodities, construction, infrastructure, property development and land reclamation industries. The Group’s shipyard undertakes ship building, ship repair and conversion services in Batam, Indonesia. It occupies a total land area of approximately 34 hectares, with a seafront of approximately 650 metres. The shipyard has two dry docks to undertake ship repair and conversion services.
For more information, please refer to the corporate website www.marcopolomarine.com.sg
Contact:
Cyrus Capital Consulting
Mr. Lee Teong Sang
Principal Consultant
Tel: +65 62546973 / 9633 9035
Fax: +65 62546811
Email: teongsang@cyrus.com.sg
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
|
|
|
Showing 5901 to 5905 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
|
| |
| |
|