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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, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
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- New Zealand Coal & Carbon
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- The University of Queensland
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
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