COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 09 November 12
SHIP OWNERS TURN TO SECOND HAND VESSELS, WHICH COME AT ATTRACTIVE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The attractiveness of modern second hand vessels, which are often priced aggressively can't be ignored by cash-rich ship owners, who are taking adv ...


Thursday, 08 November 12
LARGE ECO SUPRA : INDO - INDIA NOW FIXED AT USD 11K FOR DELIVERY SINGAPORE - FEARNLEYS
Handy The Atlantic market continues to remain weak with rates further softening on FH. Rates from USG to Feast were around USD 14k and Black Sea to ...


Thursday, 08 November 12
DRY BULK MARKET RETREATS AGAIN ON HIGHER SHIP SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In further evidence of a latest round of dry bulk shipping misery, the industry's benchmark fell for the 11th straight session yesterday, as the in ...


Thursday, 08 November 12
JOIN CHINA STEAM COAL SUPPLY - DEMAND FORUM
Join China Steam Coal Supply-Demand Forum &  Visit Shenhua Yudean Zhuhai Port Coal Terminal Press Release - Organized by CBI BIZ and suppo ...


Wednesday, 07 November 12
NEWBUILDING ORDERING ACTIVITY ON A STEADY PACE PRIOR TO THE END OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding orders, which to many involved in the shipping industry, are the main reason of today's low freight rates and subsequent financial prob ...


   901 902 903 904 905   
Showing 4511 to 4515 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Petron Corporation, Philippines
  • Tata Chemicals Ltd - India
  • Britmindo - Indonesia
  • Sical Logistics Limited - India
  • Ernst & Young Pvt. Ltd.
  • Berau Coal - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • AsiaOL BioFuels Corp., Philippines
  • Electricity Generating Authority of Thailand
  • GHCL Limited - India
  • Sree Jayajothi Cements Limited - India
  • CESC Limited - India
  • PLN Batubara - Indonesia
  • Ministry of Mines - Canada
  • Savvy Resources Ltd - HongKong
  • Clarksons - UK
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Thai Mozambique Logistica
  • Energy Link Ltd, New Zealand
  • Samtan Co., Ltd - South Korea
  • Riau Bara Harum - Indonesia
  • Sakthi Sugars Limited - India
  • Australian Commodity Traders Exchange
  • Indogreen Group - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Mechel - Russia
  • Credit Suisse - India
  • Inspectorate - India
  • Cigading International Bulk Terminal - Indonesia
  • Standard Chartered Bank - UAE
  • Fearnleys - India
  • JPMorgan - India
  • Parry Sugars Refinery, India
  • Wood Mackenzie - Singapore
  • Cargill India Pvt Ltd
  • Videocon Industries ltd - India
  • Latin American Coal - Colombia
  • Coalindo Energy - Indonesia
  • Coal India Limited
  • Rashtriya Ispat Nigam Limited - India
  • NTPC Limited - India
  • Moodys - Singapore
  • SASOL - South Africa
  • Deloitte Consulting - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Deutsche Bank - India
  • Kobexindo Tractors - Indoneisa
  • Humpuss - Indonesia
  • Coal and Oil Company - UAE
  • Malabar Cements Ltd - India
  • Siam City Cement - Thailand
  • Mercator Lines Limited - India
  • Cebu Energy, Philippines
  • Cemex - Philippines
  • CoalTek, United States
  • Anglo American - United Kingdom
  • Argus Media - Singapore
  • Cement Manufacturers Association - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Merrill Lynch Commodities Europe
  • Global Coal Blending Company Limited - Australia
  • Platou - Singapore
  • Mintek Dendrill Indonesia
  • Xstrata Coal
  • Jindal Steel & Power Ltd - India
  • RBS Sempra - UK
  • SMG Consultants - Indonesia
  • The Treasury - Australian Government
  • Alfred C Toepfer International GmbH - Germany
  • Bharathi Cement Corporation - India
  • ANZ Bank - Australia
  • European Bulk Services B.V. - Netherlands
  • Inco-Indonesia
  • ASAPP Information Group - India
  • Runge Indonesia
  • SMC Global Power, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Pinang Coal Indonesia
  • SUEK AG - Indonesia
  • Gresik Semen - Indonesia
  • Infraline Energy - India
  • TNB Fuel Sdn Bhd - Malaysia
  • ETA - Dubai
  • Australian Coal Association
  • Mitra SK Pvt Ltd - India
  • Vitol - Bahrain
  • Neyveli Lignite Corporation Ltd, - India
  • New Zealand Coal & Carbon
  • Eastern Coal Council - USA
  • Indo Tambangraya Megah - Indonesia
  • World Coal - UK
  • International Coal Ventures Pvt Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • Global Green Power PLC Corporation, Philippines
  • J M Baxi & Co - India
  • GNFC Limited - India
  • Energy Development Corp, Philippines
  • Vizag Seaport Private Limited - India
  • Freeport Indonesia
  • Thomson Reuters GRC
  • Wilmar Investment Holdings
  • ING Bank NV - Singapore
  • TANGEDCO India
  • Baramulti Group, Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • BNP Paribas - Singapore
  • The India Cements Ltd
  • Mercuria Energy - Indonesia
  • Attock Cement Pakistan Limited
  • Banpu Public Company Limited - Thailand
  • GMR Energy Limited - India
  • Bangladesh Power Developement Board
  • Electricity Authority, New Zealand
  • Asian Development Bank
  • Goldman Sachs - Singapore
  • Enel Italy
  • Ince & co LLP
  • The University of Queensland
  • KEPCO - South Korea
  • PTC India Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Jaiprakash Power Ventures ltd
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Asia Cement - Taiwan
  • Commonwealth Bank - Australia
  • KPMG - USA
  • Manunggal Multi Energi - Indonesia
  • Peabody Energy - USA
  • Samsung - South Korea
  • Ministry of Finance - Indonesia
  • Reliance Power - India
  • Singapore Mercantile Exchange
  • Global Business Power Corporation, Philippines
  • Madhucon Powers Ltd - India
  • Parliament of New Zealand
  • Xindia Steels Limited - India
  • Central Electricity Authority - India
  • India Bulls Power Limited - India
  • PLN - Indonesia
  • Georgia Ports Authority, United States
  • WorleyParsons
  • Leighton Contractors Pty Ltd - Australia
  • Lanco Infratech Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • UBS Singapore
  • Arutmin Indonesia
  • Carbofer General Trading SA - India
  • Lafarge - France
  • IEA Clean Coal Centre - UK
  • Thailand Anthracite
  • Petrosea - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • PetroVietnam
  • Dalmia Cement Bharat India
  • Orica Mining Services - Indonesia
  • Price Waterhouse Coopers - Russia
  • CIMB Investment Bank - Malaysia
  • SGS (Thailand) Limited
  • Globalindo Alam Lestari - Indonesia
  • Qatrana Cement - Jordan
  • White Energy Company Limited
  • Indonesia Power. PT
  • South Luzon Thermal Energy Corporation
  • Medco Energi Mining Internasional
  • Tanito Harum - Indonesia
  • Rudhra Energy - India
  • Gujarat Mineral Development Corp Ltd - India
  • Uttam Galva Steels Limited - India
  • Binh Thuan Hamico - Vietnam
  • Coastal Gujarat Power Limited - India
  • DBS Bank - Singapore
  • Cosco
  • Indian School of Mines
  • Kobe Steel Ltd - Japan
  • Central Java Power - Indonesia
  • Posco Energy - South Korea
  • Maharashtra Electricity Regulatory Commission - India
  • Directorate Of Revenue Intelligence - India
  • Formosa Plastics Group - Taiwan
  • Jorong Barutama Greston.PT - Indonesia
  • GB Group - China
  • TRAFIGURA, South Korea
  • Mjunction Services Limited - India
  • UOB Asia (HK) Ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Vale Mozambique
  • Bukit Asam (Persero) Tbk - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Adaro Indonesia
  • Aboitiz Power Corporation - Philippines
  • PowerSource Philippines DevCo
  • SRK Consulting
  • GN Power Mariveles Coal Plant, Philippines
  • Metalloyd Limited - United Kingdom
  • PNOC Exploration Corporation - Philippines
  • Makarim & Taira - Indonesia
  • Bank of America
  • Gujarat Electricity Regulatory Commission - India
  • IOL Indonesia
  • Star Paper Mills Limited - India
  • Interocean Group of Companies - India
  • Japan Coal Energy Center
  • Salva Resources Pvt Ltd - India
  • Mitsui
  • KOWEPO - South Korea
  • Kartika Selabumi Mining - Indonesia
  • Adani Power Ltd - India
  • Geoservices-GeoAssay Lab
  • Independent Power Producers Association of India
  • OCBC - Singapore
  • Bukit Makmur.PT - Indonesia
  • Antam Resourcindo - Indonesia
  • Trasteel International SA, Italy
  • Chettinad Cement Corporation Ltd - India
  • McKinsey & Co - India
  • Minerals Council of Australia
  • Port Waratah Coal Services - Australia
  • Heidelberg Cement - Germany
  • CCIC - Indonesia
  • Meenaskhi Energy Private Limited - India
  • KPCL - India
  • Russian Coal LLC
  • Bayan Resources Tbk. - Indonesia
  • Thiess Contractors Indonesia
  • Simpson Spence & Young - Indonesia
  • Coaltrans Conferences
  • Sinarmas Energy and Mining - Indonesia
  • Barclays Capital - USA
  • Bukit Baiduri Energy - Indonesia
  • Maersk Broker
  • APGENCO India
  • Sindya Power Generating Company Private Ltd
  • BRS Brokers - Singapore
  • TGV SRAAC LIMITED, India
  • Altura Mining Limited, Indonesia
  • Tamil Nadu electricity Board
  • Pipit Mutiara Jaya. PT, Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Kumho Petrochemical, South Korea
  • Africa Commodities Group - South Africa
  • Bangkok Bank PCL
  • Orica Australia Pty. Ltd.
  • Bulk Trading Sa - Switzerland
  • Shenhua Group - China
  • Gujarat Sidhee Cement - India
  • ACC Limited - India
  • Bhoruka Overseas - Indonesia
  • Tata Power - India
  • Ministry of Transport, Egypt
  • VISA Power Limited - India
  • Panama Canal Authority
  • San Jose City I Power Corp, Philippines
  • Iligan Light & Power Inc, Philippines
  • Barasentosa Lestari - Indonesia
  • Rio Tinto Coal - Australia
  • McConnell Dowell - Australia
  • U S Energy Resources
  • Kapuas Tunggal Persada - Indonesia
  • MEC Coal - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Jatenergy - Australia
  • Indika Energy - Indonesia
  • Bank of China, Malaysia
  • GVK Power & Infra Limited - India
  • Thriveni
  • Romanian Commodities Exchange
  • Edison Trading Spa - Italy
  • Coal Orbis AG
  • MS Steel International - UAE
  • Chamber of Mines of South Africa
  • Toyota Tsusho Corporation, Japan
  • LBH Netherlands Bv - Netherlands
  • IMC Shipping - Singapore
  • Oldendorff Carriers - Singapore
  • Total Coal South Africa
  • EMO - The Netherlands
  • Kepco SPC Power Corporation, Philippines
  • London Commodity Brokers - England
  • Kaltim Prima Coal - Indonesia
  • Marubeni Corporation - India
  • Planning Commission, India
  • Sarangani Energy Corporation, Philippines
  • Agrawal Coal Company - India
  • World Bank
  • Kohat Cement Company Ltd. - Pakistan
  • Meralco Power Generation, Philippines
  • Power Finance Corporation Ltd., India
  • Indian Energy Exchange, India
  • Larsen & Toubro Limited - India
  • Indorama - Singapore
  • Platts
  • Economic Council, Georgia
  • JPower - Japan
  • Permata Bank - Indonesia
  • NALCO India
  • bp singapore
  • Holcim Trading Pte Ltd - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Cardiff University - UK
  • Surastha Cement
  • Ind-Barath Power Infra Limited - India
  • Renaissance Capital - South Africa
  • Indonesian Coal Mining Association
  • Miang Besar Coal Terminal - Indonesia
  • Bhatia International Limited - India
  • Essar Steel Hazira Ltd - India
  • CNBM International Corporation - China
  • Merrill Lynch Bank
  • IBC Asia (S) Pte Ltd
  • Aditya Birla Group - India
  • GAC Shipping (India) Pvt Ltd
  • Intertek Mineral Services - Indonesia
  • Bhushan Steel Limited - India
  • Siam City Cement PLC, Thailand
  • Mitsubishi Corporation
  • Sucofindo - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • ICICI Bank Limited - India
  • TNPL - India
  • Shree Cement - India
  • Grasim Industreis Ltd - India
  • Eastern Energy - Thailand
  • Vedanta Resources Plc - India
  • Krishnapatnam Port Company Ltd. - India
  • Core Mineral Indonesia
  • Maheswari Brothers Coal Limited - India
  • Indian Oil Corporation Limited
  • Ambuja Cements Ltd - India
  • Arch Coal - USA
  • Borneo Indobara - Indonesia
  • Sojitz Corporation - Japan
  • IHS Mccloskey Coal Group - USA
  • HSBC - Hong Kong
  • Idemitsu - Japan
  • The State Trading Corporation of India Ltd
  • Maybank - Singapore
  • Glencore India Pvt. Ltd
  • Malco - India
  • Gupta Coal India Ltd
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Coeclerici Indonesia
  • Therma Luzon, Inc, Philippines
  • Maruti Cements - India
  • Thermax Limited - India
  • Noble Europe Ltd - UK
  • Petrochimia International Co. Ltd.- Taiwan
  • EIA - United States
  • globalCOAL - UK
  • Semirara Mining Corp, Philippines
  • TeaM Sual Corporation - Philippines
  • OPG Power Generation Pvt Ltd - India