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Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri Lanka. This is the first time that an international company has entered the dry bulk transportation industry in the country.
Channel News Asia (CNA) quoted the shipper as saying it has entered into a four-year Contract of Affreightment with a State-owned Sri Lankan company but did not name the Sri Lankan firm. Under the contract, Mercator will transport coal annually from Indonesia to Sri Lanka for a period of four years, beginning from the last quarter of 2010.
CNA reported that Mercator would also offer total logistics solution from Indonesia to the customer's point of usage. It says the contract is expected to generate US$ 31 million in revenue over the next four years.
Mercator adds that it is the first International Shipping Company to enter into the dry bulk transportation market in Sri Lanka. This, it says, would certainly give it the first mover advantage for future growth.
Mercator Group is an Indian shipping corporation with diversified interests in transportation, dredging, oil and gas, ship management services, marine logistics and offshore services. Mercator Lines Ltd. is the parent company and is the third largest private sector shipping company in India based in Mumbai.
It has recently forayed into the offshore business with its subsidiaries Mercator Oil and Gas Ltd and Mercator Offshore Ltd. The company was started by H.K. Mittal.
Source: Daily Mirror
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Thursday, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL
COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED has opened price bid yesterday.
According to a participant, the quo ...
Thursday, 08 July 10
DRY BULK MARKET STILL PLUNGING, NOW STANDING AT 14 MONTH LOWS
The dry bulk shipping market’s demise isn’t over yet, as the industry’s main benchmark, the Baltic Dry Index (BDI) has been on a f ...
Wednesday, 07 July 10
MACQUARIE SEES CHINA COMMODITIES PRICE FALLS AND CUTBACKS AHEAD - MINEWEB
MineWeb reported that, The research arm of Australia's Macquarie Bank - one of the most reliable of China watchers - in its latest briefing on Chin ...
Wednesday, 07 July 10
COAL PRICES ON THE RISE
Caixin online reported that, China's domestic coal prices have seen a 26.2 percent year-on-year rise in May. Meanwhile, the volume of coal im ...
Tuesday, 06 July 10
INCREASE IN DRY BULK SPOT FIXTURES UNABLE TO BOOST RATES, LOSING STREAK CONTINUES
Yet another week began on a negative note for the dry bulk shipping market, with the Baltic Dry Index posting its 28th straight losing daily session ...
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- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
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- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Planning Commission, India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- The University of Queensland
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- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
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- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
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- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
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- Bhushan Steel Limited - India
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- Indian Oil Corporation Limited
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- Romanian Commodities Exchange
- Indonesian Coal Mining Association
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- Bhoruka Overseas - Indonesia
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- MS Steel International - UAE
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
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- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
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- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
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- Kohat Cement Company Ltd. - Pakistan
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- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
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- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
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- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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