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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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Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
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- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
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