We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
 A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate source on board the vessel said.
The De Xin Hai and its 25 crew were carrying about 76,000 tons of coal from South Africa to Mundra in India when it was seized in an audacious attack by the gunmen some 700 miles east of the Horn of Africa.
Heavily armed sea gangs from Somalia have made tens of millions of dollars in ransoms hijacking vessels in the Indian Ocean and strategic Gulf of Aden, which links Europe to Asia.
Patrols in the area by warships from several nations only appear to have forced the pirates to hunt further from shore.
"A helicopter dropped the ransom money on to the ship. We have received $4 million," Hassan, one of the pirates on the De Xin Hai, told Reuters by telephone to cheers in the background.
"We hope to disembark in a few hours," he added.
"The crew is safe and, although they will not have their freedom for a few more days, they are all happy now."
The chaos in the waters off Somalia is a reflection of a civil war on land that has killed 19,000 civilians since the start of 2007 and driven 1.5 million from their homes, triggering one of the world's worst humanitarian emergencies.
Western security agencies say the drought-ridden nation has become a safe haven for militants, including foreign jihadists, who are using it to plot attacks across the region and beyond.
FIRST COAL SHIP HIJACKING
The October 19 hijacking of the De Xin Hai, which is owned by Qingdao Ocean Shipping, a unit of China Ocean Shipping or COSCO, was the first known seizure of a coal ship by Somali pirates.
Indian coal traders warned at the time that this might encourage the gangs to seize other coal ships, since these dry bulk carriers are smaller and have relatively small crews.
Experts say a higher risk of pirate attacks could disrupt an expected increase in the volume of South African coal heading to India after a boom in Indian demand over the last two years.
China sent three warships to Somali waters late last year with great fanfare after a ship carrying oil to China was attacked by pirates. But Chinese warships, like those from other countries, provide protection mainly in the narrow and dangerous Gulf of Aden, not in the much larger Indian Ocean.
In late October and again in November, the pirates on board the De Xin Hai threatened to execute its 25 mostly young sailors if the Chinese military tried to rescue them.
Separately on Sunday, regional maritime officials said Somali pirates freed an Indian fishing dhow last week, the Laxim Sagar, and its 10 crew. They were hijacked earlier this month.
The officials said no ransom was paid, but the gunmen stole money and belongings from the sailors before disembarking.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
Thursday, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
|
|
|
Showing 6111 to 6115 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Parliament of New Zealand
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
|
| |
| |
|
