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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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Tuesday, 06 July 10
KEPCO, POSCO BUY AUSTRALIAN COAL MINES - CHOSUN
Chosun reported that, Electricity monopoly KEPCO and steelmaker POSCO have both bought coal mines in Australia.
KEPCO signed a 400 million Austra ...
Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
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- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Australian Coal Association
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
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