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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
 Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company official said. "We are interested in having a JV with Coal India... The matter is under discussion, we have exchanged some notes," Shipping Corporation of India (SCI) Chairman and Managing Director S Hajra told PTI.
Talking about the equity structure of the proposed JV, Hajra said, "Most likely it will be like the SAIL model, where we have got a 50:50 JV." SCI recently reached a joint venture agreement with the country's largest steel-maker, SAIL, for the import of coking coal and is holding discussions with ONGC for offshore activities.
The JV, which is expected to be formed by the end of this fiscal, would ensure supply logistics and delivery of imported coal from the source of import to consumers, a senior official of Coal India (CIL) said on the condition of anonymity.
The joint venture is likely to be managed by the Shipping Corporation, as it has the domain expertise in the field and will also be allowed to make the most of the increasing opportunity to ship imported coal to India, the official added.
In addition, the official said the proposed JV may also be allowed to look for more business opportunities in the area of coal supply logistics and could also own its vessels, once a critical volume is achieved.
Coal India, whose initial public offer (IPO) will hit the capital markets on October 18 this year, plans to import 6 million thermal tonnes of coals in 2010-11, based on firm orders placed by companies like NTPC.
While the world's largest coal producer has a presence in Mozambique, it is learnt to have shortlisted US-based Peabody Energy and 11 others as possible partners for sourcing coal to meet growing domestic demand.
Source: PTI
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Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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- London Commodity Brokers - England
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Planning Commission, India
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
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