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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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Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with ...
Tuesday, 10 August 10
KOREA'S EWP TO BUY 4 MILLION TON OF 3700 AND 4600 NAR COAL AT FIXED PRICE
COALspot.com: Korean utility East-West Power out with the tender to buy 0.670 million tons with a minimum calorific value of 4600 NAR and 0.350 mill ...
Tuesday, 10 August 10
COAL CONSTRAINS CORE SECTOR GROWTH IN JUNE 2010
Growth in the six key infrastructure sectors decelerated for the third month in June. This is primarily due to last year’s high base effect. D ...
Sunday, 08 August 10
SOUTH AFRICA INCREASES COAL EXPORTS TO INDIA BY 74% IN JULY, TRADER SAYS
South Africa’s Richards Bay, the continent’s largest coal terminal, increased sales to India by 74 percent in July from June, according ...
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- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Australian Coal Association
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- VISA Power Limited - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Aditya Birla Group - India
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