We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
 The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to deal with the future of its business there.
A source said the sale was a result of cabotage laws in Indonesia and the current trend where large coal mines were moving to take control of the logistics of shipping coal.
The buyer, said to be involved in the coal business, would become a strategic partner for Scomi Marine’s business in Indonesia.
“A big boy in the business is coming in,” said the source.
The marine logistics business of Scomi Marine primarily involves the transportation and provision of logistics support for major coal producers in Indonesia.
According to its annual report, the company carried almost 28 million tonnes of coal in 2009, 3% lower than in 2008 due to the slowdown in coal demand.
Scomi Marine yesterday halted trading in its stock on Bursa Malaysia until the close of trading on Tuesday.
The company said in a filing the suspension of trading was to facilitate a material corporate exercise involving a substantial transaction which would entail the disposal of certain subsidiaries of the company.
No further details were given. The stock closed up 2.5 sen yesterday at 43 sen after surging nearly 18% this week.
Scomi Marine has an 80.54% stake in PT Rig Tenders Indonesia Tbk, a company listed on the Jakarta Stock Exchange.
According to its website, Rig Tenders is involved in the chartering of tugs and barges to transport coal and other bulk aggregates as well as chartering of supply vessels, work-over and accommodation barges to support the offshore oil and gas industry.
Rig Tenders currently owns and operates a fleet of 53 vessels consisting of 10 supply vessels, 25 tug boats, two accommodation/work-over barges, nine flat-top barges and seven self-discharging barges. It has 491 personnel, including 437 contractual workers.
For its first quarter ended March 31, Scomi Marine’s net profit nearly doubled to RM21.9mil from RM11.1mil in the previous corresponding period.
Revenue was marginally lower at RM102.8mil compared with RM110.4mil previously.
In April, Scomi Marine completed the sale of a 29.07% stake in Singapore-listed CH Offshore Ltd for S$143.5mil, which saw the company make a gain of RM161.9mil.
Source: The Star online (By JAGDEV SINGH SIDHU )
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a re ...
Monday, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...
Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected.
The BDI saw a bigger drop compared to ...
Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for transportation and sale of coal, which was the ...
Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan h ...
|
|
|
Showing 5391 to 5395 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- White Energy Company Limited
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
|
| |
| |
|
