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Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a minority stake in London-based Bumi Plc, which has access to nearly 80 million tons of coal production currently controlled by Bakrie family.
PT Bakrie & Brothers, that owns 47% stake in Bumi Plc, breached two conditions in a US$1.35 billion loan agreement obtained from Credit Suiise AG and a group of lenders.
As a result, Bakrie & Brothers, as quoted by Bisnis Indonesia today, is in a default position. However, Bakrie management has confirmed that the company is not in such position. The company is considering to restructure or pay the loan facility of US$597 million that will mature in March 2012.
An analyst at Liberum Capital Ltd said the potential sale of Bumi Plc has drawn interest from several investors. "Glencore is the closest suitor, regarding to the relations with Bakrie Group.
Source: Insider Stories
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Wednesday, 12 October 11
INDONESIAS COAL RUSH - JOSEPH KIRSCHKE
COALspot.com - Last winter, the Chinese government mobilized thousands of soldiers and reservists of the People’s Liberation Army to the port ...
Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
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- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- The University of Queensland
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Ministry of Mines - Canada
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