COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 27 February 13
NEWLEAD HOLDINGS LTD. ANNOUNCES COAL SUPPLY AND DELIVERY CONTRACT


NewLead Holdings Ltd. yesterday announced that the Company has signed an agreement to supply and deliver 1.48 million metric tons of steam coal to a third party buyer. The contract is expected to generate approximately $148.0 million in revenue over the period of the contract. NewLead also announced that the Company has entered into an agreement to extend previously announced mine acquisition agreements.

Coal Supply and Delivery Contract
The contract provides for the sale of 130,000 metric tons of coal, commencing in March 2013, followed by 150,000 metric tons per month beginning in April 2013 until the end of 2013. All tonnage is subject to a variation of 10%. The price was established based on the prevailing market price for steam coal at the time the contract was entered into. Loading of the steam coal is expected to commence by the end of March 2013. Delivery of the coal will be completed by NewLead's fleet, whether by existing vessels or newly chartered-in from the market.

Michael Zolotas, Chairman, President and Chief Executive Officer of NewLead, stated, "We are integrating our commodity and transport operations. We secured a contract not only to profitably supply steam coal, but to also profitably transport this coal to our buyer, a creditworthy counterparty. Our vertically integrated operation provides various profitable sectors and, we believe, an advantage over other competitors."

Extension of Mine Acquisition Agreements
The Company also announced that it entered into an agreement to extend the date until March 5, 2013, by which the Company must acquire title and mineral excavation rights to 5,000 acres of land in Kentucky and ownership and leasehold interests in 18,335 acres in Tennessee. The extension was required to accommodate the needs of the sources of financing for these mines. However, there is no assurance that the acquisitions will be consummated by March 5, 2013 or at all.

NewLead Holdings Ltd. is an international, vertically integrated shipping and commodity company that manages product tankers and dry bulk vessels. NewLead currently controls four vessels, two tankers and two dry bulk vessels. NewLead's common shares are traded under the symbol "NEWL" on the NASDAQ Global Select Market.
Source: NewLead Holdings Ltd / Hellenic Shipping



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 08 March 13
DRY BULK MARKET ON A RISING TREND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its rising pattern set after China opened up again for business, following the Asian New Year Holidays. As a resul ...


Thursday, 07 March 13
PANAMAX : POSITIVE TREND; CAPESIZE : GRADUALLY SLIDE - FEARNLEYS AS
Handy The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 22k and Black sea-feast was at USD 12k. The ...


Tuesday, 05 March 13
NEWCASTLE PORT SHIPPED 20.77 PERCENT MORE COAL W/E 4 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2,631,562 MT of thermal and coking coal for a week ended  0700 hours 4 March 2013, Newcas ...


Sunday, 03 March 13
INDONESIAN THERMAL COAL SWAPS; CHINA CONTRACTS FALL W-O-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 0.75 percent and CFR South China coal shipment&nbs ...


Sunday, 03 March 13
FREIGHT MARKET FROM INDONESIA EXPECTED TO BE FIRM - VISTAAR
COALspot.com – The freight market has been fairly firm this week except for cape size index. The BDI was up by 4.64 points closing at 776 p ...


   871 872 873 874 875   
Showing 4361 to 4365 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • European Bulk Services B.V. - Netherlands
  • McKinsey & Co - India
  • CESC Limited - India
  • Romanian Commodities Exchange
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Sarangani Energy Corporation, Philippines
  • Surastha Cement
  • Samsung - South Korea
  • Qatrana Cement - Jordan
  • Gupta Coal India Ltd
  • ICICI Bank Limited - India
  • Ind-Barath Power Infra Limited - India
  • Parry Sugars Refinery, India
  • WorleyParsons
  • Maruti Cements - India
  • Bayan Resources Tbk. - Indonesia
  • World Coal - UK
  • Price Waterhouse Coopers - Russia
  • San Jose City I Power Corp, Philippines
  • Coaltrans Conferences
  • SGS (Thailand) Limited
  • Idemitsu - Japan
  • Platts
  • ACC Limited - India
  • Vizag Seaport Private Limited - India
  • Cemex - Philippines
  • Coal and Oil Company - UAE
  • Africa Commodities Group - South Africa
  • Cigading International Bulk Terminal - Indonesia
  • CNBM International Corporation - China
  • Platou - Singapore
  • The University of Queensland
  • Indonesia Power. PT
  • Asia Cement - Taiwan
  • Cosco
  • Thailand Anthracite
  • Ministry of Finance - Indonesia
  • Bank of China, Malaysia
  • TANGEDCO India
  • Japan Coal Energy Center
  • Sinarmas Energy and Mining - Indonesia
  • Thriveni
  • Clarksons - UK
  • Iligan Light & Power Inc, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Latin American Coal - Colombia
  • Pinang Coal Indonesia
  • ASAPP Information Group - India
  • Indika Energy - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Energy Development Corp, Philippines
  • SASOL - South Africa
  • Coal India Limited
  • Planning Commission, India
  • Edison Trading Spa - Italy
  • Arch Coal - USA
  • Freeport Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • ANZ Bank - Australia
  • Humpuss - Indonesia
  • Port Waratah Coal Services - Australia
  • Semirara Mining Corp, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Aboitiz Power Corporation - Philippines
  • Parliament of New Zealand
  • TNPL - India
  • Bhushan Steel Limited - India
  • Siam City Cement - Thailand
  • Anglo American - United Kingdom
  • Chettinad Cement Corporation Ltd - India
  • Mercuria Energy - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Uttam Galva Steels Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • GNFC Limited - India
  • ING Bank NV - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Petrosea - Indonesia
  • Mitsubishi Corporation
  • Star Paper Mills Limited - India
  • Cardiff University - UK
  • BNP Paribas - Singapore
  • IHS Mccloskey Coal Group - USA
  • Samtan Co., Ltd - South Korea
  • Ernst & Young Pvt. Ltd.
  • MS Steel International - UAE
  • Central Java Power - Indonesia
  • Sojitz Corporation - Japan
  • Chamber of Mines of South Africa
  • Bhatia International Limited - India
  • Maersk Broker
  • Deutsche Bank - India
  • Indian School of Mines
  • Infraline Energy - India
  • Arutmin Indonesia
  • OCBC - Singapore
  • LBH Netherlands Bv - Netherlands
  • Bangkok Bank PCL
  • Intertek Mineral Services - Indonesia
  • Altura Mining Limited, Indonesia
  • Mechel - Russia
  • Coal Orbis AG
  • Orica Mining Services - Indonesia
  • Bank of America
  • KPCL - India
  • bp singapore
  • Renaissance Capital - South Africa
  • Dalmia Cement Bharat India
  • Globalindo Alam Lestari - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Malco - India
  • Salva Resources Pvt Ltd - India
  • The India Cements Ltd
  • Videocon Industries ltd - India
  • TeaM Sual Corporation - Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Global Green Power PLC Corporation, Philippines
  • CoalTek, United States
  • Lafarge - France
  • Carbofer General Trading SA - India
  • Riau Bara Harum - Indonesia
  • Xindia Steels Limited - India
  • Fearnleys - India
  • Mintek Dendrill Indonesia
  • Electricity Authority, New Zealand
  • Australian Coal Association
  • Kideco Jaya Agung - Indonesia
  • Indonesian Coal Mining Association
  • Sucofindo - Indonesia
  • Ince & co LLP
  • Gujarat Mineral Development Corp Ltd - India
  • Merrill Lynch Commodities Europe
  • Heidelberg Cement - Germany
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • PetroVietnam
  • Wilmar Investment Holdings
  • Kobe Steel Ltd - Japan
  • Adaro Indonesia
  • Permata Bank - Indonesia
  • JPMorgan - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • EMO - The Netherlands
  • Indian Energy Exchange, India
  • BRS Brokers - Singapore
  • Bulk Trading Sa - Switzerland
  • Inspectorate - India
  • Sical Logistics Limited - India
  • Xstrata Coal
  • Cargill India Pvt Ltd
  • Maharashtra Electricity Regulatory Commission - India
  • Straits Asia Resources Limited - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Simpson Spence & Young - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • GMR Energy Limited - India
  • Panama Canal Authority
  • Jaiprakash Power Ventures ltd
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Gujarat Sidhee Cement - India
  • OPG Power Generation Pvt Ltd - India
  • Adani Power Ltd - India
  • MEC Coal - Indonesia
  • Jatenergy - Australia
  • Medco Energi Mining Internasional
  • Coastal Gujarat Power Limited - India
  • Oldendorff Carriers - Singapore
  • Tata Chemicals Ltd - India
  • JPower - Japan
  • Rashtriya Ispat Nigam Limited - India
  • Mjunction Services Limited - India
  • Antam Resourcindo - Indonesia
  • World Bank
  • Argus Media - Singapore
  • India Bulls Power Limited - India
  • KPMG - USA
  • DBS Bank - Singapore
  • Baramulti Group, Indonesia
  • Binh Thuan Hamico - Vietnam
  • Electricity Generating Authority of Thailand
  • Holcim Trading Pte Ltd - Singapore
  • Merrill Lynch Bank
  • Siam City Cement PLC, Thailand
  • Minerals Council of Australia
  • Asian Development Bank
  • Runge Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Banpu Public Company Limited - Thailand
  • Georgia Ports Authority, United States
  • Ministry of Transport, Egypt
  • CCIC - Indonesia
  • Credit Suisse - India
  • Barclays Capital - USA
  • Coalindo Energy - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Deloitte Consulting - India
  • Berau Coal - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Semirara Mining and Power Corporation, Philippines
  • SUEK AG - Indonesia
  • EIA - United States
  • Total Coal South Africa
  • Singapore Mercantile Exchange
  • TGV SRAAC LIMITED, India
  • Bukit Baiduri Energy - Indonesia
  • Therma Luzon, Inc, Philippines
  • Agrawal Coal Company - India
  • Ambuja Cements Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Bharathi Cement Corporation - India
  • Kobexindo Tractors - Indoneisa
  • Malabar Cements Ltd - India
  • SRK Consulting
  • Maybank - Singapore
  • Vedanta Resources Plc - India
  • Kapuas Tunggal Persada - Indonesia
  • Bhoruka Overseas - Indonesia
  • Standard Chartered Bank - UAE
  • Coeclerici Indonesia
  • Inco-Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Shenhua Group - China
  • Ceylon Electricity Board - Sri Lanka
  • U S Energy Resources
  • IEA Clean Coal Centre - UK
  • PNOC Exploration Corporation - Philippines
  • Enel Italy
  • Kalimantan Lumbung Energi - Indonesia
  • The Treasury - Australian Government
  • Borneo Indobara - Indonesia
  • GHCL Limited - India
  • NTPC Limited - India
  • Trasteel International SA, Italy
  • J M Baxi & Co - India
  • Thomson Reuters GRC
  • Aditya Birla Group - India
  • Savvy Resources Ltd - HongKong
  • Noble Europe Ltd - UK
  • Glencore India Pvt. Ltd
  • KOWEPO - South Korea
  • Formosa Plastics Group - Taiwan
  • Meralco Power Generation, Philippines
  • Core Mineral Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Kohat Cement Company Ltd. - Pakistan
  • Madhucon Powers Ltd - India
  • KEPCO - South Korea
  • Directorate General of MIneral and Coal - Indonesia
  • Mitsui
  • Kaltim Prima Coal - Indonesia
  • Commonwealth Bank - Australia
  • South Luzon Thermal Energy Corporation
  • globalCOAL - UK
  • Russian Coal LLC
  • IOL Indonesia
  • Bukit Makmur.PT - Indonesia
  • Economic Council, Georgia
  • UOB Asia (HK) Ltd
  • Tanito Harum - Indonesia
  • IMC Shipping - Singapore
  • IBC Asia (S) Pte Ltd
  • Interocean Group of Companies - India
  • Attock Cement Pakistan Limited
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Reliance Power - India
  • Global Coal Blending Company Limited - Australia
  • HSBC - Hong Kong
  • Thiess Contractors Indonesia
  • Independent Power Producers Association of India
  • Eastern Coal Council - USA
  • Rio Tinto Coal - Australia
  • Rudhra Energy - India
  • Essar Steel Hazira Ltd - India
  • Ministry of Mines - Canada
  • Wood Mackenzie - Singapore
  • Metalloyd Limited - United Kingdom
  • Peabody Energy - USA
  • Toyota Tsusho Corporation, Japan
  • Bangladesh Power Developement Board
  • TRAFIGURA, South Korea
  • White Energy Company Limited
  • Tamil Nadu electricity Board
  • PTC India Limited - India
  • PowerSource Philippines DevCo
  • Geoservices-GeoAssay Lab
  • PLN Batubara - Indonesia
  • Kumho Petrochemical, South Korea
  • Manunggal Multi Energi - Indonesia
  • VISA Power Limited - India
  • Orica Australia Pty. Ltd.
  • London Commodity Brokers - England
  • Jindal Steel & Power Ltd - India
  • Grasim Industreis Ltd - India
  • Thermax Limited - India
  • RBS Sempra - UK
  • Larsen & Toubro Limited - India
  • Meenaskhi Energy Private Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Vitol - Bahrain
  • Britmindo - Indonesia
  • ETA - Dubai
  • Indian Oil Corporation Limited
  • GB Group - China
  • Thai Mozambique Logistica
  • Vijayanagar Sugar Pvt Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • Global Business Power Corporation, Philippines
  • Australian Commodity Traders Exchange
  • GAC Shipping (India) Pvt Ltd
  • Eastern Energy - Thailand
  • Indorama - Singapore
  • Makarim & Taira - Indonesia
  • Indogreen Group - Indonesia
  • New Zealand Coal & Carbon
  • Shree Cement - India
  • Gresik Semen - Indonesia
  • Tata Power - India
  • CIMB Investment Bank - Malaysia
  • Directorate Of Revenue Intelligence - India
  • Goldman Sachs - Singapore
  • SMG Consultants - Indonesia
  • Mitra SK Pvt Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • Mercator Lines Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Power Finance Corporation Ltd., India
  • Marubeni Corporation - India
  • Barasentosa Lestari - Indonesia
  • GVK Power & Infra Limited - India
  • McConnell Dowell - Australia
  • Karaikal Port Pvt Ltd - India
  • NALCO India
  • Leighton Contractors Pty Ltd - Australia
  • AsiaOL BioFuels Corp., Philippines
  • The State Trading Corporation of India Ltd
  • Maheswari Brothers Coal Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Cebu Energy, Philippines
  • Petron Corporation, Philippines
  • APGENCO India
  • SMC Global Power, Philippines
  • Sindya Power Generating Company Private Ltd
  • Energy Link Ltd, New Zealand
  • Central Electricity Authority - India
  • Lanco Infratech Ltd - India
  • Pendopo Energi Batubara - Indonesia
  • Vale Mozambique
  • UBS Singapore
  • Gujarat Electricity Regulatory Commission - India
  • PLN - Indonesia
  • Cement Manufacturers Association - India
  • Moodys - Singapore
  • Posco Energy - South Korea
  • Sree Jayajothi Cements Limited - India
  • Sakthi Sugars Limited - India