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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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Thursday, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
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- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Australian Coal Association
- The University of Queensland
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- CNBM International Corporation - China
- Georgia Ports Authority, United States
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