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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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Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
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- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- White Energy Company Limited
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
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