We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
 Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitration proceedings to settle a payment dispute, according to Bhatia officials.
The arbitration hearings will be held in London during the next few months and will be subject to English law, officials added. They were unable to give more details such as the amount of coal or money involved because the matter is sub judice.
Vitol declined to comment. The amount in dispute that is owed to Vitol is in excess of $50 million, according to a source close to the developments. "We cancelled the contract so there is no non-performance on Bhatia's part," a senior Bhatia official said.
A source close to the issue said Bhatia cancelled the contract in order to avoid loading South African coal cargoes in every quarter this year which were bought in 2008 as part of an annual supply deal when prices were over 70 percent higher than present levels.
It has become the norm in coal trading - as it has been for many years in oil - for companies which have both sales and purchases with each other to simplify settlement by "washing-out" several deals so that the party which owes money overall makes a single payment.
There has been a rash of arbitration cases to settle disputes between Indian traders who did not perform on coal contracts signed before the plunge in prices last September and international suppliers. In many instances, suppliers said they have re-negotiated prices and re-scheduled deliveries to Indian buyers instead of going to arbitration.
Source:http://coaljunction.in/market_news/bhatia_coal_india_vitol_in_dis.php
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...
Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness an ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
|
|
|
Showing 6771 to 6775 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- PTC India Limited - India
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- The University of Queensland
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
|
| |
| |
|
