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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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Tuesday, 27 July 10
INDIA HAS IMPORTED 1.5 MILLION TONS OF COAL LAST WEEK
COALspot.com: Coal imports in Indian ports have reached over 1.5 million tons for the week ended 25 July 2010. According to port agents, aroun ...
Tuesday, 27 July 10
DRY BULK SPOT CARGO DEMAND SHARPLY UP, TRIGGERING RISE IN RATES
Hot on the heels of the dry bulk market’s first weekly gain in almost two months, Monday began on a similar note, with the Baltic Dry Index (B ...
Tuesday, 27 July 10
KANGAROO RESOURCES INKS 297MT COAL RESOURCE FOR TANUR JAYA PROJECT
Kangaroo Resources has reported JORC Code compliant open cut Coal Resources totalling 297 million tonnes for the Tanur Jaya Coal Project in East Kal ...
Monday, 26 July 10
INDONESIAN COAL PRICE REFERENCE FOR JULY 2010 IS US$ 96.65 PER TON FOB VESSEL
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Monday, 26 July 10
BHATIA INTERNATIONAL, MIGHT GRAB THE MAJORITY OF COAL SUPPLY ORDER FROM MAHAGENCO
COALspot.com: Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, has received price bids from ...
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- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- MS Steel International - UAE
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
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