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Friday, 21 March 14
MERCURIA ANNOUNCES ACQUISITION OF J.P. MORGAN PHYSICAL COMMODITIES BUSINESS
COALspot.com: Mercuria Energy Group announced that it has reached a definitive agreement with J.P. Morgan Chase & Co. to acquire its physical commodities business. The all cash transaction is expected to close in the third quarter of 2014, subject to regulatory approvals.
During that period, Mercuria will work closely with J.P. Morgan to ensure a smooth transition of the business, the report posted on company's website says.
“This transaction represents a major step in the development of Mercuria. The market professionals at J.P. Morgan commodities are amongst the most highly regarded in the industry. The opportunity to integrate them in Mercuria’s global existing business will reinforce our Group’s leading position in the energy and commodities markets” said Marco Dunand, President and CEO of Mercuria.
About Mercuria
Established in 2004, Mercuria has become one of the largest integrated energy and commodity trading companies in the world. Mercuria trades physical oil, energy products and other commodities from business hubs in Geneva, London, Singapore, Shanghai, Chicago and Houston. In support, Mercuria operates a growing portfolio of production, logistic and storage assets.
Mercuria has diversified its business to trading in a wide spectrum of commodity products including crude oil, refined oil products, natural gas, LNG, power, coal, carbon emissions, freight, iron ore, base metals and soft commodities.
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Thursday, 13 March 14
HANDY: THE FAR EAST MARKET IS IN AN UPWARD TREND - FEARNRESEARCH
Handy
Atlantic is a bit under pressure for spot tonnage, but the underlying sentiment is positive for the short medium future. 2-3 legs are do ...
Thursday, 13 March 14
MARKET INSIGHT - CHRISTOPHER T. WHITTY
By Christopher T. Whitty
Marketing Manager
Cotzias Intermodal Shipping Inc.
During the last year we have noticed that a fair number of ...
Wednesday, 12 March 14
ADARO ENERGY IMPROVES EFFICIENCY AND GENERATED STRONG EBITDA IN 2013
COALspot.com: PT Adaro Energy Tbk, Indonesia's single largest coal miner posted revenue of US$ 3.28 billion and cost of revenue of US$ 2.54 ...
Wednesday, 12 March 14
DGOMC OF INDONESIA REVISED DOWN THE BENCHMARK PRICES FOR COAL BY 4.26% IN MARCH
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down the government's declared coal bench mark price ...
Wednesday, 12 March 14
DRY BULK VESSELS STILL THE CREAM OF THE CROP FOR SHIP OWNERS
Dry bulk carriers have remained the most popular vessel type among ship owners as proven by the sheer number of second hand vessel sales and new ...
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- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- PTC India Limited - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- The University of Queensland
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
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