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Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri Lanka. This is the first time that an international company has entered the dry bulk transportation industry in the country.
Channel News Asia (CNA) quoted the shipper as saying it has entered into a four-year Contract of Affreightment with a State-owned Sri Lankan company but did not name the Sri Lankan firm. Under the contract, Mercator will transport coal annually from Indonesia to Sri Lanka for a period of four years, beginning from the last quarter of 2010.
CNA reported that Mercator would also offer total logistics solution from Indonesia to the customer's point of usage. It says the contract is expected to generate US$ 31 million in revenue over the next four years.
Mercator adds that it is the first International Shipping Company to enter into the dry bulk transportation market in Sri Lanka. This, it says, would certainly give it the first mover advantage for future growth.
Mercator Group is an Indian shipping corporation with diversified interests in transportation, dredging, oil and gas, ship management services, marine logistics and offshore services. Mercator Lines Ltd. is the parent company and is the third largest private sector shipping company in India based in Mumbai.
It has recently forayed into the offshore business with its subsidiaries Mercator Oil and Gas Ltd and Mercator Offshore Ltd. The company was started by H.K. Mittal.
Source: Daily Mirror
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Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...
Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...
Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...
Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy
After a quiet end to last week, the Atlantic handysize market continued&nb ...
Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...
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- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Australian Coal Association
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
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