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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, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
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- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
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