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Friday, 22 July 11
MARUBENI ACQUIRING 42.86% SHARE OF YTL JAWA POWER HOLDINGS
COALspot.com - Japan’s Marubeni Corporation acquisition 42.86% stake in YTL Jawa Power Holdings BV, which owns a 35% equity interest in Indonesia’s PT Jawa Power. Marubeni paid US$ 224 million for YTL Jawa Power stake.
According YTL annoucement’s to Malaysia Stock Exchange, Jawa Power owns a 1,220 megawatt coal-fired power plant at the Paiton Power Generation Complex in the district of Probolinggo, in East Java. YTL Power acquired its 35% stake in 2004.
Right now, Jawa Power supplies power to PT PLN (persero), the Indonesian state-owned integrated utility, through a 30-year power purchase agreement. The plant is operated and maintained by PT YTL Jawa Timur, a wholly-owned subsidiary of the YTL Power Group.
“Marubeni is a strong and well-respected player in the international utilities market and this collaboration will enable YTL Power and Marubeni to corporate on potential investments and develop future opportunities in the global utilities industry,’ Yeoh Seok Hong, YTL Power’s executive director say.
Meanwhile, Masumi Kakinoki, chief operating officer at Marubeni’s Power Projects & Infrastructure Division, said that through this transaction, Marubeni will build a firm partnership with YTL as a strategic partnet for future development, not only in Asia but also all over the world. Marubeni and YTL will collaboration in multiple areas such as power, water, and transportation for the further growth of Marubeni and YTL as global utility players.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Thursday, 20 October 11
CAPESIZE - TUBARAO /QINGDAO BEING FIXED AT STRONG US$ 29.75 PMT
Handy
The Atlantic market is quite steady, and market seems to be around the same levels as last week. Fewer fixtures reported though. ...
Thursday, 20 October 11
BRACKEN INTERNATIONAL MINING LISTS ON FRANKFURT STOCK EXCHANGE
Press Release - Bracken International Mining (Code:1BM) listed on the Deutsche Börse’s Frankfurt Stock Exchange today at €1.00 with ...
Thursday, 20 October 11
CAPESIZES, SUPRAMAXES LEAD GAINS FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Struggling to find additional support, but still managing to post gains, the dry bulk market has stabilized itself on higher levels again yesterday, ...
Wednesday, 19 October 11
METALLURGICAL COAL PRICES TO DROP BELOW US$240/TONNE - WOOD MACKENZIE
Wood Mackenzie Says Metallurgical Coal Prices to Drop Below US$240/tonne by Q4 2012 But Long-term Demand Fundamentals Remain Robust
Wood Mackenzi ...
Wednesday, 19 October 11
SUPRAMAX MARKET WAS VERY FIRM LAST WEEK - BRS
With all sectors contributing positively, the BDI ended the week at 2,173 points (+8.6%), its highest level so far in 2011. The BCI stood at 3,587 ( ...
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- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Planning Commission, India
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
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