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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, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...
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- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
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