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.
|
|
Monday, 06 April 09
RICHARDS BAY COAL TERMINAL EXPORTS ROSE 5 PERCENT IN MARCH - BLOOMBERG
South Africa’s Richards Bay Coal Terminal, the world’s largest coal-export facility, shipped 5 percent more coal in March than the same ...
Monday, 06 April 09
INDIA'S OSWAL CHEM EYES INDONESIAN COAL MINES -ECONOMICTIMES
Oswal Chemicals and Fertilisers (OCFL), part of Abhay Oswal-led Oswal group, has initiated talks with three separate Indonesian coal firms to ...
Thursday, 02 April 09
FOREIGNERS ALSO CHEER FOR INDONESIA'S THE NEW MINING LAW - MAJALA TAMBANG
Three mining giants, Australia's Rio Tinto along with Canada's Barrick Gold and Southern Arc, are among foreign corporations currently applying fo ...
Wednesday, 01 April 09
INDONESIAN GOVERNMENT REVISES MINING REVENUE TARGET DOWN 26% - THE JAKARTA POST
Government income from mining this year, excluding taxes, is expected to drop by about 26 percent to Rp 11 trillion ($957 million), primarily becaus ...
Wednesday, 01 April 09
INDONESIAN OFFICIAL CLAIMS NEW LEGISLATION IS VINDICATED AS OVERSEAS FIRMS LINE UP FOR MINING LICENSES - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry is expected to issue six mining licenses under the country’s new mining law over the next two months ...
|
|
|
Showing 6816 to 6820 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Economic Council, Georgia
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
|
| |
| |
|