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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
 Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company official said. "We are interested in having a JV with Coal India... The matter is under discussion, we have exchanged some notes," Shipping Corporation of India (SCI) Chairman and Managing Director S Hajra told PTI.
Talking about the equity structure of the proposed JV, Hajra said, "Most likely it will be like the SAIL model, where we have got a 50:50 JV." SCI recently reached a joint venture agreement with the country's largest steel-maker, SAIL, for the import of coking coal and is holding discussions with ONGC for offshore activities.
The JV, which is expected to be formed by the end of this fiscal, would ensure supply logistics and delivery of imported coal from the source of import to consumers, a senior official of Coal India (CIL) said on the condition of anonymity.
The joint venture is likely to be managed by the Shipping Corporation, as it has the domain expertise in the field and will also be allowed to make the most of the increasing opportunity to ship imported coal to India, the official added.
In addition, the official said the proposed JV may also be allowed to look for more business opportunities in the area of coal supply logistics and could also own its vessels, once a critical volume is achieved.
Coal India, whose initial public offer (IPO) will hit the capital markets on October 18 this year, plans to import 6 million thermal tonnes of coals in 2010-11, based on firm orders placed by companies like NTPC.
While the world's largest coal producer has a presence in Mozambique, it is learnt to have shortlisted US-based Peabody Energy and 11 others as possible partners for sourcing coal to meet growing domestic demand.
Source: PTI
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Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...
Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...
Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...
Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today.
According to our market sources, Coas ...
Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...
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- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- White Energy Company Limited
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
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