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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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Tuesday, 18 December 12
NEWCASTLE PORT IN AUSTRALIA SHIPPED 20.19 PERCENT MORE COAL W/E 17 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 3,269,640 MT of thermal and coking coal for week ended 0700 hours 17 December 2012, Newc ...
Monday, 17 December 12
SHIP PRICES TO BOTTOM OUT IN 2013 SAYS GEORGE D. GOURDOMICHALIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship values especially in older tonnage, or even modern vessels with poor quality are expected to fall further during 2013, with the market as a who ...
Monday, 17 December 12
SYNERGISING WITH PIONEERS TO DEVELOP TOMORROW'S LATIN AMERICAN RAILWAYS
Press Release: Brazil being one of the largest country in South America has one of the most dynamic rail markets in the world. Rail transport in Bra ...
Sunday, 16 December 12
FREIGHT TREND SOFTENED THIS WEEK - VISTAAR
COALspot.com - The freight market further softened this week and closed at 784 points (down by 18.84 pct). The cape index had the biggest fall ...
Friday, 14 December 12
GMR GROUP OF INDIA TO IMPORT 100K MT OF 4800 GAR COAL
COALspot.com: GMR Group of India to invite bids for 100,000 Metric Tons of imported non coking coal to be delivered during January and February 2013 ...
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- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- The University of Queensland
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
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