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

Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...


Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...


Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...


Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...


Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...


   1200 1201 1202 1203 1204   
Showing 6006 to 6010 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 ...

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