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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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Friday, 07 March 14
US PRODUCED 19.4 MMST OF COAL IN PAST 7 DAYS, SAYS EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.4 million short tons (mmst) of coal in ...
Thursday, 06 March 14
PANAMAX MARKET IS STRUGGLING IN BOTH HEMISPHERES - FEARNRESEARCH
Handy
The Handy/Supra market experienced a rate increase in the Pacific. The activity itself is not too big, but spot tonnage is clearing up and ow ...
Wednesday, 05 March 14
THE BIG BULKERS HAVE IN FACT WITNESSED SIGNIFICANT IMPROVEMENTS IN BOTH BASINS
The BDI continues to gain back some of the lost ground, although in reality there isn't a lot to celebrate abou ...
Wednesday, 05 March 14
LEAVE IT TO CAPES TO CHANGE THE DIRECTION OF THE DRY BULK MARKET - INTERMODAL
Chartering (Wet: Stable- / Dry: Stable+)
Leave it to Capes to change the direction of the Dry Bulk market. The big bulkers managed to drag the BDI ...
Tuesday, 04 March 14
AUSTRALIA'S NPC TO SHIP 11.85 MMT OF COAL IN MARCH
COALspot.com: In the week ended 3 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 3.15 m ...
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- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- PTC India Limited - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
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