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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, 23 December 15
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
As we are heading towards the end of the year we could argue that most of those involved in the shipping industry share mixed feelings for 2015. Th ...
Wednesday, 23 December 15
FOB NEWCASTLE COAL SWAP CLOSES FIRM
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery up $0.45 per ton (1.22%) month over month to US$ 37.20 per ton. The swap wa ...
Tuesday, 22 December 15
3800 GAR INDEX CLOSED AT US$ 22.03 PER TON; DOWN 0.15% W-O-W
COALspot.com: The 5000 GAR CS (i) coal index decline US$ 0.03 per ton (-0.07 %) week over week.
According to the CS (i) coal (system generated ...
Monday, 21 December 15
Q3' 2016 CFR SOUTH CHINA COAL SWAP CLOSED SLIGHTLY LOWER COMPARE TO Q1'16 CLOSING PRICE
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery up US$ 0.20 (0.48%) per ton month over month.
A commodity swap is a ...
Sunday, 20 December 15
THE FREIGHT RATES FROM INDONESIA TO INDIA IS EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The BDI facing all time low's this week. The bulk dry index closed at 477 points on 18 December 2015.
The cape index was als ...
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- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Australian Coal Association
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
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