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Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a minority stake in London-based Bumi Plc, which has access to nearly 80 million tons of coal production currently controlled by Bakrie family.
PT Bakrie & Brothers, that owns 47% stake in Bumi Plc, breached two conditions in a US$1.35 billion loan agreement obtained from Credit Suiise AG and a group of lenders.
As a result, Bakrie & Brothers, as quoted by Bisnis Indonesia today, is in a default position. However, Bakrie management has confirmed that the company is not in such position. The company is considering to restructure or pay the loan facility of US$597 million that will mature in March 2012.
An analyst at Liberum Capital Ltd said the potential sale of Bumi Plc has drawn interest from several investors. "Glencore is the closest suitor, regarding to the relations with Bakrie Group.
Source: Insider Stories
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Saturday, 15 October 11
BUNKER PRICES AND DEMANDS PUSHED FREIGHT RATES UP - VISTAAR
COALspot.com - The market continued to be firm with all segments moving up with biggest gain in Handy size segment up by 15 pct. The BDI was u ...
Saturday, 15 October 11
BENGAL COAL IMPORT TEST - THE TELEGRAPH
The Telegraph reported that, the power position in Bengal improved today but alarm bells are ringing over imported coal stocks that are running out ...
Friday, 14 October 11
CAPE DERIVATIVES MARKET HAS NOT REFLECTED OWNERS EXPECTATIONS' - FEARNBULK
Handy
The Atlantic market continued its upward trend, with fresh cargo entering the market. Skaw Passero to US Gulf climbed US$ 1500 from la ...
Friday, 14 October 11
ADARO BUYS SERVO MEDA FOR RP200 BIO - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) announced that its subsidiary PT Alam Tri Abadi (ATI), acquired 35% stake in PT Serv ...
Thursday, 13 October 11
DRY BULK MARKETS RALLY CONTINUES, BUT ANALYSTS WARN IT WILL BE SHORTLIVED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market continued its push forward yesterday, for yet another session, as the BDI (Baltic Dry Index), the industry’s benchmark edg ...
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- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
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