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Tuesday, 29 July 14
TOTAL SELLS ITS SOUTH AFRICAN COAL MINING ASSETS TO EXXARO
Total has signed an agreement with Exxaro Resources Ltd for the sale of its 100% stake in Total Coal South Africa (TCSA), its coal-producing affiliate in South Africa. The consideration for the transaction is $472 million, with completion of the sale subject to approval by the relevant South African authorities, the company said on its website.
“This sale is part of the Group’s 2012-14 asset sale program and is in line with Total’s objectives to focus on its core activities and to actively manage its portfolio”, said Philippe Sauquet, President Gas & Power, Total. “While Total has made the necessary investments to position TCSA for growth in the medium term, Total believes TCSA will have the opportunity to maximize its long term potential with a new strategic coal investor. Total remains committed to South Africa, through its activities in marketing and refining, solar and deep offshore exploration.”
According to company's website, TCSA operates three coal production complexes in the Witbank/Highveld Coalfields and has a majority interest in a significant prospecting project located in the same area. It is also a shareholder of the Richards Bay Coal Terminal to which these mines are connected through a railway line. In 2013, TCSA’s sales of high quality thermal coal were 4.5 million tons, of which 95% was exported to international markets, making TCSA the 5th largest coal exporter in South Africa.
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Thursday, 31 July 14
RIO TINTO SELLS MOZAMBIQUE COAL ASSETS FOR US$ 50 MILLION TO INDIA'S ICVL
COALspot.com: Rio Tinto has agreed to sell its Mozambique coal assets for just US$ 50 million to International coal ventures Private limited of Ind ...
Wednesday, 30 July 14
CAPES SEEMED TO BE STRANDED AT THE SAME LEVELS; PANAMAXES MANAGED TO SLIGHTLY REVIVE - INTERMODAL
COALspot.com: The Dry Bulk market took a breath this past week, as both Panamaxes and Supras started to see a small influx of activity, which was j ...
Tuesday, 29 July 14
GENCO: DRY BULK SHIPPING VALUATIONS NO LONGER ANCHORED TO DISCOUNTED CASH FLOW METHOD - WEIL
KNOWLEDGE TO ELEVATE
Discounted cash flow analysis is a mainstay among the valuation methodologies used by restructuring professionals and bank ...
Tuesday, 29 July 14
SHIP OWNERS' DEMAND OF NEW VESSELS DENTED AS A RESULT OF LOWER FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The sharp downward direction of dry bulk freight rates has had a negative impact on investors’ secondhand buying appetite that wait to see th ...
Monday, 28 July 14
Q3' 14, SUB-BIT FOB INDONESIA COAL SWAP GAINED $ 0.08 DAY ON DAY AND $ 0.68 WEEK ON WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 increased by just US$ 0.08 day on day and US$ 0.68 week on week. The swap was lost U ...
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- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- ICICI Bank Limited - India
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
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