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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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Saturday, 08 March 14
LETTERS OF INDEMNITY - SKULD
KNOWLEDGE TO ELEVATE
In today's trading market, owners are frequently requested to accept a letter of indemnity (LOI) in exchange for complying ...
Friday, 07 March 14
DRY BULK MARKET TO BENEFIT FROM CHINA'S GDP GROWTH TARGET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With the dry bulk market freight rates finally making waves, China's aim of 7.5% GDP growth for 2014 mean once again positive news for the shipping ...
Friday, 07 March 14
RBCT, WORLD'S LARGEST COAL EXPORTING TERMINAL SHIPPED 1.78% LESS COAL MONTH ON MONTH
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 4.487 million tons of ...
Friday, 07 March 14
INDONESIA SHIPPED 7% LESS COAL IN JANUARY 2014 COMPARED TO ITS DECEMBER EXPORTS
COALspot.com: Indonesia, the world 4th largest coal producer and the Global largest multi grade coal exporter shipped around $1.8* billion ...
Friday, 07 March 14
INDONESIA TO PRODUCE 421 MMT OF COAL IN 2014
Coalspot.com: Indonesia finally agreed to increased 2014 coal output by as much as 6 percent to 421 million metric tons from its previous plan, a se ...
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- Indonesian Coal Mining Association
- The University of Queensland
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- PTC India Limited - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- The Treasury - Australian Government
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