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Thursday, 09 August 18
RIO TINTO COMPLETES SALE OF REMAINING COAL ASSETS
 Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion.
According to a noted posted on company's official website, the transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal development project to Glencore for $1.7 billion, and its interest in the Kestrel underground coal mine to a consortium comprising private equity manager EMR Capital and PT Adaro Energy Tbk for $2.25 billion.
Rio Tinto chief executive J-S Jacques said “The sale of our remaining Australian coal assets delivers exceptional value to our shareholders. Once again, I would like to thank the many people across Rio Tinto and the communities in which we operate who have contributed to the coal business. I wish them continued success under new ownership.”
2018 guidance and tax
To reflect the sale of these assets, 2018 production guidance is updated to 4.0 million tonnes of hard coking coal and 2.5 million tonnes of thermal coal.
Estimated tax payable on the transactions is in the order of $1 billion.
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Thursday, 23 August 18
SUPRAMAX: SOME FRESH COAL CARGOES APPEARED IN SE ASIA, GIVING A BIT PRESSURE ON RATES FOR END AUGUST SHIPMENTS - FEARNLEYS
Capesize
Slightly softer but generally very healthy for the big ships, with limited supply of early tonnage and positive Brazilian ore export v ...
Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origi ...
Wednesday, 22 August 18
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
During the most quite week of the summer period we witnessed a trade war between United States and Turkey. A battle, which started with the arrest ...
Monday, 20 August 18
SUPRAMAX: OVERALL IT WAS A POSITIVE WEEK FOR THE BSI INDEX WITH GAINS MADE - THE BALTIC BRIEFING
Capesize
A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad wea ...
Friday, 17 August 18
DO ARBITRATION AGREEMENTS IN BILLS OF LADING BIND THEIR HOLDERS? - WFW
KNOWLEDGE TO ELEVATE
Bills of lading are a crucial part of the security package traditionally sought by trade finance providers.
...
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- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
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