COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...


Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...


Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax. However it was interesting to ...


Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...


Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...


   1192 1193 1194 1195 1196   
Showing 5966 to 5970 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Cemex - Philippines
  • Thermax Limited - India
  • Kideco Jaya Agung - Indonesia
  • Cebu Energy, Philippines
  • Glencore India Pvt. Ltd
  • UOB Asia (HK) Ltd
  • Vizag Seaport Private Limited - India
  • Idemitsu - Japan
  • Enel Italy
  • IMC Shipping - Singapore
  • Oldendorff Carriers - Singapore
  • KPMG - USA
  • Sojitz Corporation - Japan
  • McConnell Dowell - Australia
  • Tata Chemicals Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Star Paper Mills Limited - India
  • Mitra SK Pvt Ltd - India
  • Ince & co LLP
  • Maharashtra Electricity Regulatory Commission - India
  • South Luzon Thermal Energy Corporation
  • Economic Council, Georgia
  • Directorate General of MIneral and Coal - Indonesia
  • ACC Limited - India
  • DBS Bank - Singapore
  • Petrosea - Indonesia
  • CoalTek, United States
  • GB Group - China
  • Parry Sugars Refinery, India
  • WorleyParsons
  • Eastern Energy - Thailand
  • Platts
  • Kohat Cement Company Ltd. - Pakistan
  • Coal India Limited
  • Sinarmas Energy and Mining - Indonesia
  • CIMB Investment Bank - Malaysia
  • Banpu Public Company Limited - Thailand
  • Singapore Mercantile Exchange
  • Ministry of Mines - Canada
  • Gujarat Electricity Regulatory Commission - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Core Mineral Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • MEC Coal - Indonesia
  • Renaissance Capital - South Africa
  • International Coal Ventures Pvt Ltd - India
  • IBC Asia (S) Pte Ltd
  • Aboitiz Power Corporation - Philippines
  • globalCOAL - UK
  • Edison Trading Spa - Italy
  • KEPCO - South Korea
  • Samsung - South Korea
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • Wilmar Investment Holdings
  • Maersk Broker
  • TANGEDCO India
  • Neyveli Lignite Corporation Ltd, - India
  • Therma Luzon, Inc, Philippines
  • Asian Development Bank
  • Posco Energy - South Korea
  • Ministry of Transport, Egypt
  • Georgia Ports Authority, United States
  • Mitsui
  • Siam City Cement - Thailand
  • APGENCO India
  • Kobe Steel Ltd - Japan
  • Moodys - Singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Formosa Plastics Group - Taiwan
  • Africa Commodities Group - South Africa
  • Grasim Industreis Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • SRK Consulting
  • TRAFIGURA, South Korea
  • The State Trading Corporation of India Ltd
  • Kumho Petrochemical, South Korea
  • Bank of America
  • Qatrana Cement - Jordan
  • Larsen & Toubro Limited - India
  • Argus Media - Singapore
  • KPCL - India
  • Indo Tambangraya Megah - Indonesia
  • Gujarat Sidhee Cement - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Latin American Coal - Colombia
  • Deutsche Bank - India
  • Asia Cement - Taiwan
  • BNP Paribas - Singapore
  • HSBC - Hong Kong
  • European Bulk Services B.V. - Netherlands
  • IOL Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Australian Coal Association
  • Bharathi Cement Corporation - India
  • Dalmia Cement Bharat India
  • Carbofer General Trading SA - India
  • Indonesian Coal Mining Association
  • Karaikal Port Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Manunggal Multi Energi - Indonesia
  • GNFC Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Infraline Energy - India
  • Jaiprakash Power Ventures ltd
  • JPower - Japan
  • The India Cements Ltd
  • IEA Clean Coal Centre - UK
  • Price Waterhouse Coopers - Russia
  • London Commodity Brokers - England
  • Central Java Power - Indonesia
  • SMC Global Power, Philippines
  • Sindya Power Generating Company Private Ltd
  • RBS Sempra - UK
  • Jindal Steel & Power Ltd - India
  • TGV SRAAC LIMITED, India
  • Reliance Power - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Tamil Nadu electricity Board
  • Surastha Cement
  • Merrill Lynch Commodities Europe
  • GMR Energy Limited - India
  • UBS Singapore
  • Pendopo Energi Batubara - Indonesia
  • Total Coal South Africa
  • Inspectorate - India
  • Indorama - Singapore
  • Coastal Gujarat Power Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Power Finance Corporation Ltd., India
  • Attock Cement Pakistan Limited
  • Electricity Generating Authority of Thailand
  • Indian Energy Exchange, India
  • Ind-Barath Power Infra Limited - India
  • Minerals Council of Australia
  • Humpuss - Indonesia
  • Maruti Cements - India
  • ING Bank NV - Singapore
  • Thriveni
  • Samtan Co., Ltd - South Korea
  • Thomson Reuters GRC
  • Cement Manufacturers Association - India
  • Britmindo - Indonesia
  • Inco-Indonesia
  • The Treasury - Australian Government
  • Bangkok Bank PCL
  • SGS (Thailand) Limited
  • Lanco Infratech Ltd - India
  • Freeport Indonesia
  • Goldman Sachs - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Madhucon Powers Ltd - India
  • Mjunction Services Limited - India
  • Ernst & Young Pvt. Ltd.
  • Metalloyd Limited - United Kingdom
  • Energy Development Corp, Philippines
  • Credit Suisse - India
  • Medco Energi Mining Internasional
  • Indonesia Power. PT
  • GN Power Mariveles Coal Plant, Philippines
  • Timah Investasi Mineral - Indoneisa
  • Sical Logistics Limited - India
  • Arch Coal - USA
  • GAC Shipping (India) Pvt Ltd
  • EIA - United States
  • PLN - Indonesia
  • Videocon Industries ltd - India
  • Semirara Mining Corp, Philippines
  • Binh Thuan Hamico - Vietnam
  • SMG Consultants - Indonesia
  • ANZ Bank - Australia
  • Shree Cement - India
  • World Bank
  • ICICI Bank Limited - India
  • Wood Mackenzie - Singapore
  • Permata Bank - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • VISA Power Limited - India
  • Mintek Dendrill Indonesia
  • Deloitte Consulting - India
  • Cosco
  • Karbindo Abesyapradhi - Indoneisa
  • Peabody Energy - USA
  • Ministry of Finance - Indonesia
  • SASOL - South Africa
  • Barasentosa Lestari - Indonesia
  • Intertek Mineral Services - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Thai Mozambique Logistica
  • PetroVietnam
  • CESC Limited - India
  • Interocean Group of Companies - India
  • Mechel - Russia
  • bp singapore
  • Panama Canal Authority
  • Borneo Indobara - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Coal and Oil Company - UAE
  • EMO - The Netherlands
  • Cargill India Pvt Ltd
  • CCIC - Indonesia
  • Bangladesh Power Developement Board
  • Coeclerici Indonesia
  • Xstrata Coal
  • Noble Europe Ltd - UK
  • Bhushan Steel Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kobexindo Tractors - Indoneisa
  • MS Steel International - UAE
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Coal Orbis AG
  • Rudhra Energy - India
  • Global Business Power Corporation, Philippines
  • White Energy Company Limited
  • Parliament of New Zealand
  • Central Electricity Authority - India
  • Trasteel International SA, Italy
  • Riau Bara Harum - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Lafarge - France
  • Kartika Selabumi Mining - Indonesia
  • Vedanta Resources Plc - India
  • Bulk Trading Sa - Switzerland
  • Thiess Contractors Indonesia
  • San Jose City I Power Corp, Philippines
  • Coaltrans Conferences
  • ASAPP Information Group - India
  • Makarim & Taira - Indonesia
  • Electricity Authority, New Zealand
  • Clarksons - UK
  • Baramulti Group, Indonesia
  • Iligan Light & Power Inc, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Indika Energy - Indonesia
  • GVK Power & Infra Limited - India
  • World Coal - UK
  • Sucofindo - Indonesia
  • Maybank - Singapore
  • Pinang Coal Indonesia
  • New Zealand Coal & Carbon
  • Rashtriya Ispat Nigam Limited - India
  • Orica Australia Pty. Ltd.
  • Bahari Cakrawala Sebuku - Indonesia
  • Rio Tinto Coal - Australia
  • Directorate Of Revenue Intelligence - India
  • Malco - India
  • Energy Link Ltd, New Zealand
  • IHS Mccloskey Coal Group - USA
  • Bukit Makmur.PT - Indonesia
  • KOWEPO - South Korea
  • Agrawal Coal Company - India
  • Essar Steel Hazira Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • Petron Corporation, Philippines
  • Malabar Cements Ltd - India
  • PetroVietnam Power Coal Import and Supply Company
  • Arutmin Indonesia
  • TNPL - India
  • Chamber of Mines of South Africa
  • Platou - Singapore
  • J M Baxi & Co - India
  • Independent Power Producers Association of India
  • Indogreen Group - Indonesia
  • OCBC - Singapore
  • Romanian Commodities Exchange
  • Sakthi Sugars Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Anglo American - United Kingdom
  • Australian Commodity Traders Exchange
  • Eastern Coal Council - USA
  • Straits Asia Resources Limited - Singapore
  • Aditya Birla Group - India
  • Gujarat Mineral Development Corp Ltd - India
  • Commonwealth Bank - Australia
  • Vale Mozambique
  • Simpson Spence & Young - Indonesia
  • Bank of China, Malaysia
  • GHCL Limited - India
  • Salva Resources Pvt Ltd - India
  • JPMorgan - India
  • Heidelberg Cement - Germany
  • Fearnleys - India
  • Chettinad Cement Corporation Ltd - India
  • Merrill Lynch Bank
  • PowerSource Philippines DevCo
  • Altura Mining Limited, Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Sree Jayajothi Cements Limited - India
  • Jatenergy - Australia
  • Coalindo Energy - Indonesia
  • India Bulls Power Limited - India
  • TeaM Sual Corporation - Philippines
  • Maheswari Brothers Coal Limited - India
  • ETA - Dubai
  • Meenaskhi Energy Private Limited - India
  • Berau Coal - Indonesia
  • Savvy Resources Ltd - HongKong
  • Gresik Semen - Indonesia
  • NALCO India
  • Global Coal Blending Company Limited - Australia
  • Siam City Cement PLC, Thailand
  • Standard Chartered Bank - UAE
  • Semirara Mining and Power Corporation, Philippines
  • Vitol - Bahrain
  • PTC India Limited - India
  • Cardiff University - UK
  • Sarangani Energy Corporation, Philippines
  • Mercator Lines Limited - India
  • Indian Oil Corporation Limited
  • McKinsey & Co - India
  • Barclays Capital - USA
  • Jorong Barutama Greston.PT - Indonesia
  • Gupta Coal India Ltd
  • Uttam Galva Steels Limited - India
  • U S Energy Resources
  • Adani Power Ltd - India
  • Adaro Indonesia
  • Geoservices-GeoAssay Lab
  • Alfred C Toepfer International GmbH - Germany
  • Xindia Steels Limited - India
  • Bhoruka Overseas - Indonesia
  • Mitsubishi Corporation
  • CNBM International Corporation - China
  • LBH Netherlands Bv - Netherlands
  • Port Waratah Coal Services - Australia
  • NTPC Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Japan Coal Energy Center
  • Kepco SPC Power Corporation, Philippines
  • Runge Indonesia
  • Ambuja Cements Ltd - India
  • Toyota Tsusho Corporation, Japan
  • The University of Queensland
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Indian School of Mines
  • Bhatia International Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Antam Resourcindo - Indonesia
  • Tata Power - India
  • Planning Commission, India
  • OPG Power Generation Pvt Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Meralco Power Generation, Philippines
  • Russian Coal LLC
  • Marubeni Corporation - India
  • Thailand Anthracite
  • BRS Brokers - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • PLN Batubara - Indonesia
  • Tanito Harum - Indonesia
  • Shenhua Group - China
  • Mercuria Energy - Indonesia
  • SUEK AG - Indonesia