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

Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...


Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...


Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...


Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...


Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corpor­ation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from In­d&sh ...


   1125 1126 1127 1128 1129   
Showing 5631 to 5635 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 ...

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