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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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Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
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- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Planning Commission, India
- MS Steel International - UAE
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
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