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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, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...
Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...
Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...
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- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- White Energy Company Limited
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Australian Coal Association
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- The University of Queensland
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
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