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Tuesday, 07 September 10
MERCATOR TO BUY COAL MINE IN INDONESIA THIS FISCAL
Mercator Lines, India’s second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more than 30 million tonne (mt) capacity within the current financial year, as reported by DNA India
The company plans to invest $100-150 million for the acquisition. The mine will be larger than Mercator’s existing coal mine in Mozambique which has a capacity of 10 mt.
“The company is very aggressively looking at a relatively bigger mine and sure to close the deal during this financial year. It is very bullish on its coal mining business in Indonesia,” said a Mercator Lines official.
Its coal production has increased from 0.3 million metric tonne (mmt) in fiscal 2009 to 0.7 mmt in fiscal 2010 from existing coal mines in Indonesia. At present, Mercator Lines has four coal mines—three in Indonesia and one in Mozambique. The Indonesian mines have reserves of up to 21 mt.
Analyst, too, are bullish on the company’s coal business. According to Antique Stock Broking’s research note, “The cyclicality in earnings is expected to reduce significantly with increased revenue from new seven-year offshore contract ($92,000 per day) starting in the third quarter of the current fiscal and growth in coal business.”
Source: DNA India
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Thursday, 10 January 13
DRY BULK PANAMAX MARKET HEAVILY OVERSUPPLIED, UNLIKELY TO FIND SUPPORT IN 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite positive indication for a significant surge of dry bulk demand this year, the oversupply problems of the market, will continue to weigh heav ...
Tuesday, 08 January 13
HOLIDAY ACTIVITY SCARCE IN THE MARKET OF SECOND HAND VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although the market for second hand vessel purchasing was quite lull during the Holiday period, as is usually the case, the first days of the New Ye ...
Tuesday, 08 January 13
NEWCASTLE PORT SHIPPED 3.197 MILLION MT OF COAL W/E 7 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,197,580 MT of thermal and coking coal for week ended 0700 hours 7 January 2013, Newcas ...
Sunday, 06 January 13
CFR SOUTH CHINA COAL: 2014 DELIVERY CLOSED US$ 6.80 HIGHER THAN Q1 '13 PRICE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained 0.37 percent WoW and CFR South China coal sh ...
Sunday, 06 January 13
COAL BOOM: WAKE-UP CALL FOR INDIA & INDONESIA! - SUNIL K KUMBHAT
COALspot.com - Coal Boom : Scenario, Now & later!
Coal has been the dominant fuel for power generating plants in developed countries since th ...
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- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- White Energy Company Limited
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- The University of Queensland
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- PTC India Limited - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
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