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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, 03 January 13
DRY BULK DEMAND TO KEEP RISING IN 2013, DRY BULK SHIP PRICES TO KEEP FALLING SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In a recent report on the future of the shipping markets, DVB bank said that dry bulk demand is expected to keep on growing in the coming years, mai ...
Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
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- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- PTC India Limited - India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- White Energy Company Limited
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
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