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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, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...
Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...
Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...
Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...
Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
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- Aboitiz Power Corporation - Philippines
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- Economic Council, Georgia
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- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
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- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
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- Independent Power Producers Association of India
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- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
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- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
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- IHS Mccloskey Coal Group - USA
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- SMC Global Power, Philippines
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- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
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- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Planning Commission, India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- The University of Queensland
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
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