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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, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695 of coal in May 2010. May coal exports dropped by 20.61 percent co ...
Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
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- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Economic Council, Georgia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Planning Commission, India
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
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