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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, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...
Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
&ld ...
Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities ...
Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...
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- Wood Mackenzie - Singapore
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- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Australian Coal Association
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Aboitiz Power Corporation - Philippines
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- Rio Tinto Coal - Australia
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- Orica Australia Pty. Ltd.
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- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
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- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- MS Steel International - UAE
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Economic Council, Georgia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
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