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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, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...
Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...
Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...
Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...
Friday, 17 April 09
JSW TO BUY THERMAL COAL MINE IN AFRICA
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tons, to min ...
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- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Parliament of New Zealand
- Tamil Nadu electricity Board
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Australian Coal Association
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
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