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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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Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...
Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...
Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...
Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes
* S.Korea imports zero
* Hong Kong utilites buy S.African coal
South African coal exports to Asia excluding India a ...
Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...
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- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
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- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
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- Aboitiz Power Corporation - Philippines
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- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
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- Aditya Birla Group - India
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- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Parliament of New Zealand
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
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- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
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