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

Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays. BDI INDEX ...


Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme. "With th ...


Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...


Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010 * Logistics woes hamper SAfrica exports, India imports India's steam coal imports ar ...


Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...


   1207 1208 1209 1210 1211   
Showing 6041 to 6045 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 ...

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