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Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
 Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with its takeover of Sydney-based Centennial Coal Co, which Banpu shareholders approved yesterday.
Chief executive Chanin Vongkusolkit said the company expected to complete its tender offer for the remaining 80.1% of Centennial by the end of September or early October at the cost of A$2.017 billion or 55.29 billion baht.
Banpu earlier acquired 19.9% of Centennial for A$380 million. On July 5, Banpu announced it would buy all of the ordinarily shares of the Australian company that it does not already control at the price of A$6.2 per share.
Mr Chanin said yesterday that the takeover would be completed after Australia's general election on Aug 21, adding that he expected the new Australian government would welcome the deal.
The company expected to book revenue contributions from Centennial in the fourth quarter of this year, he added.
Centennial, with 10 mines, has marketable coal reserves of 386 million tonnes as of June 30 this year. Banpu, which operates coal mines in Indonesia and China, has reserves of 318 million tonnes.
Shareholders yesterday also approved the management's plan to issue additional debentures worth up to 20 billion baht with maturities of up to 15 years.
Mr Chanin said Banpu would issue some debentures later this year in multiple tranches to either refinance debts or fund its acquisition of Centennial.
Banpu was confident that 2010 revenue would beat forecasts despite lower production at the Daning mine in Shanxi province due to a licence renewal delay.
The company on Monday revised down forecast production of the Chinese underground mine by 10%, resulting in expected lower net profit of $10 million. It has annual capacity of 4 million tonnes.
Mr Chanin also said the company's Jorong mine in Indonesia would resume operations in late September after being halted since February by the government because of forest encroachment. Authorities have been working with miners to clarify new operating rules.
"Indonesian coal mines are our major revenue contributor. The [total] coal sales target has been maintained at 23 million tonnes this year," he added.
CIMB-GK Securities (Thailand) has downgraded Banpu's 2010 net profit forecast by 1.4% to 14.6 billion baht following the revision of the Daning figures.
BANPU shares closed yesterday on the SET at 620 baht, down 10 baht, in trade worth 793.3 million baht.
Source: Bangkok Post
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Wednesday, 17 February 16
TAP ON OPPORTUNITIES IN GROWING ELECTRICITY DEMAND AND NEW COAL POWER PROJECT DEVELOPMENTS IN THE PHILIPPINES - IBC
Tap on Opportunities in Growing Electricity Demand and New Coal Power Project Developments in the Philippines
Coal Power Generation 2016
19- ...
Wednesday, 17 February 16
THE OWNERS FACING HISTORICAL LOW DRY BULK RATES; COAL IMPORTS TO CHINA IS STILL POINTING TO A STRONG TREND OF DECLINING CONSUMPTION
The sharp fall in dry bulk rates that has been taking place since the end of last year and has left owners facing historical low rates for a substa ...
Monday, 15 February 16
CALL THE DOCTOR! SHIPPING'S MEDICAL DRAMA UNFOLDS......- CLARKSONS
The recycling market has started 2016 with a bang, with a huge volume of tonnage heading to demolition facilities. Many of the key shipping markets ...
Monday, 15 February 16
CS 42 COAL INDEX ROSE 0.07% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.15 percent week over week to averaging $38.96 per ton on this past Friday, ...
Monday, 15 February 16
BALTIC INDEX MARGINALLY ROSE BY A POINT D-D; CAPESIZE INDEX DOWN 13 POINTS W-W; PANAMAX INDEX UP 29 POINTS W-W
COALspot.com: The freight markets continued to fall this past week.
The BDI, The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measu ...
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- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Planning Commission, India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- PTC India Limited - India
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
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