We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
 Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a producer of high quality bituminous coal and Anthracite from mines in the Klipriver coalfield, near Dundee, in the KwaZulu Natal province of South Africa has signed a three year offtake agreement for 1.75 million tonnes (total) with Vitol S.A. ("Vitol"), a leading energy trading company, according to Forbescoal website.
Vitol will be purchasing thermal coal from the Slater Coal properties at market prices.
Forbes Coal's website further said, cash flow from this offtake agreement will fund the continued ramping up of production at its two operating mines – Magdalena and Aviemore. The agreement is initially for three years and will support the previously announced production expansion plans.
Forbes Coal intends to transport the coal to the Navitrade Coal Terminal in Richards Bay using its increased rail transport and capacity with Transnet Freight Rail and Grindrod Terminals. Grindrod Terminals provides certain logistical, handling and stockpiling services to shippers in connection with the shipment of bulk cargoes. As per the press release of December 7, 2010, Grindrod Terminals shall provide Forbes Coal with export coal capacity in the Terminal of 600,000 metric tonnes in 2011, 720,000 metric tonnes in 2012 and 960,000 metric tonnes in 2013.
"This milestone for Forbes Coal will support our planned expansion into the coal export market. We have seen a steady increase in export prices over the past 12 months, driven by an increase in demand from India. Together with our increased export capacity at Richard's Bay, the Company is on track to establish itself as a mid-tier Southern African coal company." said Stephan Theron, President and Chief Executive Officer of Forbes Coal.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
|
|
|
Showing 5431 to 5435 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Planning Commission, India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Australian Coal Association
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- PTC India Limited - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- The University of Queensland
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
|
| |
| |
|
