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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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Saturday, 26 June 10
MONGOLIA COAL RAILWAY TO LINK WITH RUSSIA - BUSINESS WEEK
Business Week reported that, Mongolian lawmakers have approved plans for a rail line linking with Russia to help tap large coal deposits in the sout ...
Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri ...
Friday, 25 June 10
DEMAND FOR COAL COULD BE GRADUALLY RETURNING - FEARNBULK
Handy
Atlantic markets seeing more activity today (23 June 2010) after a slump the last weeks. Supramax vessels open in USG are achieving low/mid ...
Thursday, 24 June 10
INDONESIAS BUMI DECLARED US$ 57.1 MILLION (AMOUNTING TO 30% OF 2009 NET INCOME) AS DIVIDEND
COALspot.com: PT Bumi Resources, Tbk’s Annual General Meeting (AGM) today was successfully held with a quorum of 75.89% resulting in sharehold ...
Thursday, 24 June 10
CHINA TARGETS 3.6 BILLION MT ANNUAL COAL OUTPUT FOR 2015
At a forum in Beijing entitled "Chinese energy strategy and energy development in the 12th five-year plan period (2011-2015)", He Youguo, ...
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- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- The University of Queensland
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- MS Steel International - UAE
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Minerals Council of Australia
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