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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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Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
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- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- The University of Queensland
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
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