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Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U.S. dollars for construction of two 82,000-DWT bulk carriers. In a statement filed to the Hong Kong stock exchange, China Qinfa said two of its wholly-owned subsidiaries -- namely Harbor Well and Merit Sino -- had each signed a contract with the Guangzhou Longxue Shipbuilding company, owned by the China State Shipbuilding Corporation. Each of the contract was worth 34.5 million U.S. dollars.
Qinfa said the cost would be funded partly by bank borrowings and partly by the company's internal financial resources.
The company said the purchasing of two bulk carriers was " consistent with the Group's medium-term strategy to improve the overall efficiency of the Group's fleet."
Qinfa also said it was a suitable time for the construction of two new vessels since current construction cost was about 50 percent less than the highest level in 2008.
The two vessels can enhance its ability to control ship transportation cost and mitigate the risks on the fluctuations in the ship transportation cost, it added.
Qinfa's diversified coal business involves purchase, filtering, blending, storage, transportation, sales and shipping of coal on the mainland. It was listed in Hong Kong in July last year.
Source: Xinhua / Hellenic Shipping
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Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...
Thursday, 09 September 10
DRY BULK MARKET IS LOOKING TO INCREASE GAINS ON OCTOBER IRON ORE CONTRACTS
The “success” story that the dry bulk market has been displaying during the past couple of weeks is being materialized as we head toward ...
Tuesday, 07 September 10
INDIA IMPORTS 1.63 MLN T OF COAL FOR THE PERIOD 30 AUGUST - 5 SEPTEMBER - SOURCES
COALspot.com: India has imported 1.07 million tons of power plant coal, 0.520 mln tons of coking coal and around 41,000 mt of Anthracite coal for th ...
Tuesday, 07 September 10
GOVERNMENT DECLARED INDONESIAN COAL PRICE REFERENCE DECLINE FOR THIRD-STRAIGHT MONTH
COALspot.com: Indonesian thermal coal price reference, a monthly benchmark price declared by Ministry of Energy and mineral resources of Repub ...
Tuesday, 07 September 10
MERCATOR TO BUY COAL MINE IN INDONESIA THIS FISCAL
Mercator Lines, India’s second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more th ...
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- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Planning Commission, India
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- White Energy Company Limited
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Latin American Coal - Colombia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
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