COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 06 September 10
DRY BULK MARKET GAINS 6.05% ON WEEK, BOOSTED BY CAPESIZE VESSELS
The dry bulk market is looking to capitalize last week’s gains of more than 6 percent in this week, as the capesize segment seems to be on a h ...


Sunday, 05 September 10
HARUM ENERGY EYES 7.4 MILION TONS OF COAL OUTPUT IN 2010
Indonesia's coal miner PT Harum Energy Tbk, controlled by Indonesian tycoon Kiki Barki, is eyeing 7.4 million tons of coal production in 2010, a 27 ...


Sunday, 05 September 10
THE FREIGHT MARKET WAS BIT VOLATILE WITH NO CLEAR INDICATION OF THE MARKET - CAPT REDDY
COALsopot.com: The freight market was bit volatile with no clear indication of the market. However the BDI continued the upward trend mainly due ...


Sunday, 05 September 10
NOROCHCHOLAI POWER PLANT TO BE COMMISSIONED ON JANUARY 1
Daily news reported that, the Norochcholai coal power plant will be commissioned on January 1, 2011 adding 300 megawatts to the national power grid ...


Friday, 03 September 10
BANPU CUTS INDONESIAN HOLDING BUT ITM REMAINS KEY STRATEGIC UNIT - BANGKOK POST
"SET-listed Banpu Plc, Asean's largest coal miner, yesterday announced the sale of an 8.72% stake in its listed coalmining holding company in ...


   1124 1125 1126 1127 1128   
Showing 5626 to 5630 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Indian School of Mines
  • Indo Tambangraya Megah - Indonesia
  • Agrawal Coal Company - India
  • Kepco SPC Power Corporation, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Indorama - Singapore
  • Siam City Cement - Thailand
  • Ceylon Electricity Board - Sri Lanka
  • Energy Development Corp, Philippines
  • Deutsche Bank - India
  • Madhucon Powers Ltd - India
  • SMG Consultants - Indonesia
  • ICICI Bank Limited - India
  • MEC Coal - Indonesia
  • Latin American Coal - Colombia
  • Platou - Singapore
  • Electricity Authority, New Zealand
  • Wood Mackenzie - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • Maersk Broker
  • Wilmar Investment Holdings
  • EIA - United States
  • bp singapore
  • Argus Media - Singapore
  • Cement Manufacturers Association - India
  • International Coal Ventures Pvt Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • Parry Sugars Refinery, India
  • IBC Asia (S) Pte Ltd
  • Merrill Lynch Commodities Europe
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bank of China, Malaysia
  • Karaikal Port Pvt Ltd - India
  • Therma Luzon, Inc, Philippines
  • KPMG - USA
  • Straits Asia Resources Limited - Singapore
  • Adani Power Ltd - India
  • Cebu Energy, Philippines
  • Russian Coal LLC
  • Neyveli Lignite Corporation Ltd, - India
  • Indonesia Power. PT
  • Jindal Steel & Power Ltd - India
  • Vitol - Bahrain
  • Meenaskhi Energy Private Limited - India
  • Sindya Power Generating Company Private Ltd
  • Samsung - South Korea
  • Tata Chemicals Ltd - India
  • Xindia Steels Limited - India
  • Riau Bara Harum - Indonesia
  • Power Finance Corporation Ltd., India
  • Global Green Power PLC Corporation, Philippines
  • Videocon Industries ltd - India
  • KPCL - India
  • Minerals Council of Australia
  • Britmindo - Indonesia
  • Romanian Commodities Exchange
  • CIMB Investment Bank - Malaysia
  • Larsen & Toubro Limited - India
  • Bangladesh Power Developement Board
  • Carbofer General Trading SA - India
  • Altura Mining Limited, Indonesia
  • PetroVietnam
  • Borneo Indobara - Indonesia
  • The India Cements Ltd
  • Clarksons - UK
  • Sarangani Energy Corporation, Philippines
  • PowerSource Philippines DevCo
  • TNPL - India
  • Permata Bank - Indonesia
  • Australian Commodity Traders Exchange
  • UOB Asia (HK) Ltd
  • globalCOAL - UK
  • World Coal - UK
  • Total Coal South Africa
  • Thailand Anthracite
  • Semirara Mining and Power Corporation, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Vale Mozambique
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • VISA Power Limited - India
  • Bukit Baiduri Energy - Indonesia
  • PTC India Limited - India
  • Arch Coal - USA
  • RBS Sempra - UK
  • Price Waterhouse Coopers - Russia
  • Xstrata Coal
  • KEPCO - South Korea
  • Aboitiz Power Corporation - Philippines
  • GHCL Limited - India
  • Binh Thuan Hamico - Vietnam
  • Rudhra Energy - India
  • Kideco Jaya Agung - Indonesia
  • Grasim Industreis Ltd - India
  • GMR Energy Limited - India
  • Bhoruka Overseas - Indonesia
  • Intertek Mineral Services - Indonesia
  • Mintek Dendrill Indonesia
  • Coal Orbis AG
  • Eastern Coal Council - USA
  • Malco - India
  • Gresik Semen - Indonesia
  • Sical Logistics Limited - India
  • IOL Indonesia
  • Salva Resources Pvt Ltd - India
  • Merrill Lynch Bank
  • Mitsubishi Corporation
  • Gujarat Sidhee Cement - India
  • PLN Batubara - Indonesia
  • Gupta Coal India Ltd
  • NTPC Limited - India
  • Manunggal Multi Energi - Indonesia
  • Bhushan Steel Limited - India
  • Panama Canal Authority
  • The University of Queensland
  • Adaro Indonesia
  • Siam City Cement PLC, Thailand
  • Coal India Limited
  • Formosa Plastics Group - Taiwan
  • Jorong Barutama Greston.PT - Indonesia
  • Sojitz Corporation - Japan
  • Indika Energy - Indonesia
  • HSBC - Hong Kong
  • Bulk Trading Sa - Switzerland
  • Ministry of Transport, Egypt
  • CESC Limited - India
  • Commonwealth Bank - Australia
  • APGENCO India
  • Indian Oil Corporation Limited
  • Inspectorate - India
  • GAC Shipping (India) Pvt Ltd
  • Coeclerici Indonesia
  • Metalloyd Limited - United Kingdom
  • Iligan Light & Power Inc, Philippines
  • Maheswari Brothers Coal Limited - India
  • Infraline Energy - India
  • ING Bank NV - Singapore
  • Malabar Cements Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Parliament of New Zealand
  • Attock Cement Pakistan Limited
  • Central Java Power - Indonesia
  • Orica Australia Pty. Ltd.
  • Bharathi Cement Corporation - India
  • Oldendorff Carriers - Singapore
  • Humpuss - Indonesia
  • Sakthi Sugars Limited - India
  • Lanco Infratech Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Ministry of Finance - Indonesia
  • Anglo American - United Kingdom
  • Tanito Harum - Indonesia
  • Independent Power Producers Association of India
  • CCIC - Indonesia
  • Kumho Petrochemical, South Korea
  • Glencore India Pvt. Ltd
  • U S Energy Resources
  • ASAPP Information Group - India
  • Mechel - Russia
  • Arutmin Indonesia
  • Berau Coal - Indonesia
  • Reliance Power - India
  • Holcim Trading Pte Ltd - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Peabody Energy - USA
  • Jatenergy - Australia
  • Eastern Energy - Thailand
  • Vedanta Resources Plc - India
  • Indonesian Coal Mining Association
  • IEA Clean Coal Centre - UK
  • SGS (Thailand) Limited
  • BRS Brokers - Singapore
  • Ernst & Young Pvt. Ltd.
  • Global Coal Blending Company Limited - Australia
  • CNBM International Corporation - China
  • Coaltrans Conferences
  • Rio Tinto Coal - Australia
  • Energy Link Ltd, New Zealand
  • SUEK AG - Indonesia
  • IMC Shipping - Singapore
  • OPG Power Generation Pvt Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • Electricity Generating Authority of Thailand
  • PetroVietnam Power Coal Import and Supply Company
  • Coastal Gujarat Power Limited - India
  • Bukit Makmur.PT - Indonesia
  • Medco Energi Mining Internasional
  • Kohat Cement Company Ltd. - Pakistan
  • Leighton Contractors Pty Ltd - Australia
  • Petrosea - Indonesia
  • Credit Suisse - India
  • KOWEPO - South Korea
  • Sree Jayajothi Cements Limited - India
  • Aditya Birla Group - India
  • UBS Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • Dalmia Cement Bharat India
  • Cemex - Philippines
  • Singapore Mercantile Exchange
  • Meralco Power Generation, Philippines
  • Marubeni Corporation - India
  • Globalindo Alam Lestari - Indonesia
  • Chamber of Mines of South Africa
  • Simpson Spence & Young - Indonesia
  • Thai Mozambique Logistica
  • Deloitte Consulting - India
  • Indian Energy Exchange, India
  • Noble Europe Ltd - UK
  • Edison Trading Spa - Italy
  • Asian Development Bank
  • Kalimantan Lumbung Energi - Indonesia
  • White Energy Company Limited
  • Kobe Steel Ltd - Japan
  • LBH Netherlands Bv - Netherlands
  • Directorate Of Revenue Intelligence - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Samtan Co., Ltd - South Korea
  • GN Power Mariveles Coal Plant, Philippines
  • McKinsey & Co - India
  • Japan Coal Energy Center
  • India Bulls Power Limited - India
  • Tata Power - India
  • DBS Bank - Singapore
  • Shenhua Group - China
  • Orica Mining Services - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Lafarge - France
  • Port Waratah Coal Services - Australia
  • Chettinad Cement Corporation Ltd - India
  • Semirara Mining Corp, Philippines
  • Barclays Capital - USA
  • Goldman Sachs - Singapore
  • GVK Power & Infra Limited - India
  • Mercator Lines Limited - India
  • Enel Italy
  • Freeport Indonesia
  • Thriveni
  • WorleyParsons
  • Interocean Group of Companies - India
  • Directorate General of MIneral and Coal - Indonesia
  • SRK Consulting
  • GNFC Limited - India
  • Banpu Public Company Limited - Thailand
  • TGV SRAAC LIMITED, India
  • PNOC Exploration Corporation - Philippines
  • Bhatia International Limited - India
  • Platts
  • Renaissance Capital - South Africa
  • J M Baxi & Co - India
  • The State Trading Corporation of India Ltd
  • Global Business Power Corporation, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Georgia Ports Authority, United States
  • IHS Mccloskey Coal Group - USA
  • TRAFIGURA, South Korea
  • Africa Commodities Group - South Africa
  • Kaltim Prima Coal - Indonesia
  • Fearnleys - India
  • Kobexindo Tractors - Indoneisa
  • Australian Coal Association
  • Core Mineral Indonesia
  • Bangkok Bank PCL
  • Pipit Mutiara Jaya. PT, Indonesia
  • SMC Global Power, Philippines
  • Thomson Reuters GRC
  • Trasteel International SA, Italy
  • Sucofindo - Indonesia
  • World Bank
  • Ind-Barath Power Infra Limited - India
  • Thermax Limited - India
  • San Jose City I Power Corp, Philippines
  • Ministry of Mines - Canada
  • Vijayanagar Sugar Pvt Ltd - India
  • Posco Energy - South Korea
  • Maruti Cements - India
  • Qatrana Cement - Jordan
  • Ambuja Cements Ltd - India
  • Toyota Tsusho Corporation, Japan
  • ETA - Dubai
  • Vizag Seaport Private Limited - India
  • Essar Steel Hazira Ltd - India
  • Petron Corporation, Philippines
  • Uttam Galva Steels Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Ince & co LLP
  • Pendopo Energi Batubara - Indonesia
  • Standard Chartered Bank - UAE
  • Thiess Contractors Indonesia
  • Cosco
  • Jaiprakash Power Ventures ltd
  • Maybank - Singapore
  • Mercuria Energy - Indonesia
  • Cargill India Pvt Ltd
  • Planning Commission, India
  • Runge Indonesia
  • ACC Limited - India
  • The Treasury - Australian Government
  • BNP Paribas - Singapore
  • Bank of America
  • Kapuas Tunggal Persada - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Asia Cement - Taiwan
  • JPMorgan - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • CoalTek, United States
  • McConnell Dowell - Australia
  • Tamil Nadu electricity Board
  • Timah Investasi Mineral - Indoneisa
  • Bahari Cakrawala Sebuku - Indonesia
  • Pinang Coal Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Mitra SK Pvt Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • South Luzon Thermal Energy Corporation
  • OCBC - Singapore
  • SASOL - South Africa
  • New Zealand Coal & Carbon
  • Star Paper Mills Limited - India
  • Shree Cement - India
  • Antam Resourcindo - Indonesia
  • Central Electricity Authority - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Moodys - Singapore
  • Coalindo Energy - Indonesia
  • Savvy Resources Ltd - HongKong
  • Gujarat Electricity Regulatory Commission - India
  • JPower - Japan
  • Indogreen Group - Indonesia
  • Surastha Cement
  • Makarim & Taira - Indonesia
  • Cardiff University - UK
  • GB Group - China
  • EMO - The Netherlands
  • TeaM Sual Corporation - Philippines
  • Billiton Holdings Pty Ltd - Australia
  • London Commodity Brokers - England
  • Bukit Asam (Persero) Tbk - Indonesia
  • NALCO India
  • Inco-Indonesia
  • Idemitsu - Japan
  • MS Steel International - UAE
  • Barasentosa Lestari - Indonesia
  • Heidelberg Cement - Germany
  • TANGEDCO India
  • ANZ Bank - Australia
  • Asmin Koalindo Tuhup - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • PLN - Indonesia
  • Economic Council, Georgia
  • Baramulti Group, Indonesia
  • Mitsui
  • Mjunction Services Limited - India
  • Geoservices-GeoAssay Lab
  • Krishnapatnam Port Company Ltd. - India
  • Coal and Oil Company - UAE