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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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Friday, 16 November 12
SHIP OWNERS KEEP ON INVESTING IN SECOND HAND VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Priced attractively, modern and with prompt delivery dates, second hand vessels are proving to be rather popular among cash-rich ship owners these d ...
Friday, 16 November 12
HANDY : IRON ORE WAS QUIET AND RATES FROM INDIA TO CHINA AROUND USD 5500
Handy
The Atlantic was weak with more supply of ships. Rates from Continent/ Feast at USD 9000 and from USG/China at USD 15k. The Pacific market re ...
Wednesday, 14 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 11.14 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,100,686 MT of thermal and coking coal for week ended – 0700 hours 12 November 2012, Ne ...
Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration fore ...
Tuesday, 13 November 12
BULK PORTS & TECHNOLOGY ASIA 2013
Press Release - TOC Events are pleased to announce a new addition to our global portfolio with the launch of the inaugural Bulk Ports & Technolo ...
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- Ministry of Mines - Canada
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Central Electricity Authority - India
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