We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
 The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to deal with the future of its business there.
A source said the sale was a result of cabotage laws in Indonesia and the current trend where large coal mines were moving to take control of the logistics of shipping coal.
The buyer, said to be involved in the coal business, would become a strategic partner for Scomi Marine’s business in Indonesia.
“A big boy in the business is coming in,” said the source.
The marine logistics business of Scomi Marine primarily involves the transportation and provision of logistics support for major coal producers in Indonesia.
According to its annual report, the company carried almost 28 million tonnes of coal in 2009, 3% lower than in 2008 due to the slowdown in coal demand.
Scomi Marine yesterday halted trading in its stock on Bursa Malaysia until the close of trading on Tuesday.
The company said in a filing the suspension of trading was to facilitate a material corporate exercise involving a substantial transaction which would entail the disposal of certain subsidiaries of the company.
No further details were given. The stock closed up 2.5 sen yesterday at 43 sen after surging nearly 18% this week.
Scomi Marine has an 80.54% stake in PT Rig Tenders Indonesia Tbk, a company listed on the Jakarta Stock Exchange.
According to its website, Rig Tenders is involved in the chartering of tugs and barges to transport coal and other bulk aggregates as well as chartering of supply vessels, work-over and accommodation barges to support the offshore oil and gas industry.
Rig Tenders currently owns and operates a fleet of 53 vessels consisting of 10 supply vessels, 25 tug boats, two accommodation/work-over barges, nine flat-top barges and seven self-discharging barges. It has 491 personnel, including 437 contractual workers.
For its first quarter ended March 31, Scomi Marine’s net profit nearly doubled to RM21.9mil from RM11.1mil in the previous corresponding period.
Revenue was marginally lower at RM102.8mil compared with RM110.4mil previously.
In April, Scomi Marine completed the sale of a 29.07% stake in Singapore-listed CH Offshore Ltd for S$143.5mil, which saw the company make a gain of RM161.9mil.
Source: The Star online (By JAGDEV SINGH SIDHU )
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
|
|
|
Showing 5766 to 5770 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Minerals Council of Australia
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
|
| |
| |
|
