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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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Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...
Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...
Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...
Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...
Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
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- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- White Energy Company Limited
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
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