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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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Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Australian Coal Association
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
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