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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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Sunday, 16 February 14
SUPRAMAX : THE FAR EAST/SE ASIA CHARTER RATES FIRMED UP
COALspot.com: The freight market had a mixed reaction this week with BDI increased by 1.37 pct and closing at 1106 points on Valentine day. The cape ...
Friday, 14 February 14
US COAL PRODUCTION STILL SLIPPING
COALspot.com – United States the world’s second largest coal producer, produced approximately 17.9 million short tons (mmst) of coal in ...
Thursday, 13 February 14
PANAMAX : NOT ENOUGH REQUIREMENTS TO KEEP THE ATLANTIC MARKET FLOATING - FEARNLEYS AS
Handy
After the Chinese holidays the week started on a positive note. Owners are talking higher rates but chrtrs are still somehow reluctant to mov ...
Thursday, 13 February 14
DRY BULK MARKET FACES BETTER PROSPECTS ON THE BACK OF IMPROVING DEMAND AND SUPPLY BALANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has started off the New Year on the "left foot", with the strong finish of 2013 proving to be unsustainable, on the ba ...
Wednesday, 12 February 14
NEW BUILDING ORDERS REACHING NEW POST-CRISIS HEIGHTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners are looking to take advantage of the last few attractive deals in the new building market, before prices start climbing to new highs and ...
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- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Planning Commission, India
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- PTC India Limited - India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
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