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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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Tuesday, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched closer to the 2,000 mark on Monday, with Panamaxes rebounding firmly and leading the gains. As a result, the industry&rsq ...
Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
During the past few months, freight rates for dry bulk carriers, especially Capesizes have increased significantly, providing ship owners with a muc ...
Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
COALspot.com - The BDI and Cape index continued the upward trend this week also with BDI up by 3.00 pct closing at 1,922 points and Cape index up by ...
Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the c ...
Friday, 09 December 11
DRY BULK MARKET REBOUNDS ON HEALTHIER DEMAND OUTLOOK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged forward yesterday, at the highest rate of the past couple of weeks, as a result of stonger iron ore demand, backed by lowe ...
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- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- The University of Queensland
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
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