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Mcquilling Services Attempted to Forecast The Course of Bunker Prices

Jan 6, 2013

In a recent report,US based consulting firm Mcquilling Services attempted to forecast the course of bunker prices during the next few years,as this factor is among the most important ones when it comes to ship owning operating costs. ...

Tags: average bunker prices, Arts, Crafts, Mcquilling Services

Alicanto Minerals Has Signed a Share Purchase Agreement with Takara Resources

Jan 6, 2013

Alicanto Minerals has signed a share purchase agreement with Takara Resources to acquire all of the shares in its wholly owned subsidiary StrataGold Guyana. StrataGold Guyana owns the Arakaka and Tassawini Gold Projects,which span 550 ...

Tags: Alicanto Minerals, share purchase agreement

TATA Steel Was Conferred with The Assocham CSR Excellence Award 2012-13

Jan 6, 2013

TATA Steel was conferred with the ASSOCHAM CSR Excellence Award 2012-13 by ASSOCHAM at the fifth edition of the ASSOCHAM CSR Summit held in New Delhi. TATA Steel was announced as a winner in the Large Corporates Category and the award is ...

Tags: TATA Steel, CSR Excellence Award

The Steel Demand Is Likely to Grow by Around 10% in The Next Financial Year

Jan 6, 2013

PTI quoted Uttam Galva Steels as saying that the steel demand is likely to grow by around 10% in the next financial year. Mr Ankit Miglani deputy MD of Uttam Galva said that "We are expecting a 10% growth in the steel demand in the ...

Tags: Uttam Galva Steels, steel demand, steel market, steel industry

The Promoters of The Ailing Hinduja Foundries Will Not Let The Company Slip Into Sickness

Jan 6, 2013

Business Line reported that the promoters of the ailing Hinduja Foundries will not let the company slip into sickness. Just last week, the company decided to report its status to the Board for Industrial and Financial Reconstruction on ...

Tags: Hinduja Foundries, India, ailing, company news

Ambuja Cements Ltd Plans to Invest INR 2,000 Crore for Capacity Expansion

Jan 6, 2013

Business Line reported that Ambuja Cements Ltd plans to invest INR 2,000 crore for capacity expansion in Rajasthan and northern regions. The proposed project at Rajasthan would add 5 million tonne capacity to the company’s total ...

Tags: Ambuja Cements Ltd, capacity expansion, Cements, company news

Turkey Is Set to Sign a Major Coal Field and Power Plant Development Agreement

Jan 6, 2013

It is reported that Turkey is set to sign a major coal field and power plant development agreement with Abu Dhabi Energy Company, also known as TAQA. A spokesman for TAQA said that the Afsin-Elbistan field deal is likely to be agreed ...

Tags: Turkey, coal field, Abu Dhabi Energy Company, coal

Rare-Earth Signed Agreements with 12 Inner Mongolia Based Upstream Rare Earth Enterprises

Jan 6, 2013

China's Inner Mongolia Baotou Steel Rare-Earth Group one of the largest producers of rare earth minerals in the world, announced that it has signed agreements with 12 Inner Mongolia based upstream rare earth enterprises and their ...

Tags: Baotou Steel, rare earth minerals, rare earth

Saudi Electricity Company Has Signed 5 Contracts for About 755 Kilometer

Jan 6, 2013

Saudi Electricity Company has signed 5 contracts for about 755 kilometer of high voltage 380 KV power transmission lines in various regions of the kingdom. The report said that the contracts, which come within the company's program to ...

Tags: power transmission lines, Saudi Electricity Company, power Line Deals

Krakatau Steel Plans to Build a Steel Plant

Jan 6, 2013

Indonesian state steelmaker Krakatau Steel on Wednesday signed a joint venture agreement with Japanese company Nippon Steel & Sumitomo Metal Corporation to build a steel plant that will supply the domestic automotive industry. The joint ...

Tags: Krakatau Steel, Auto Industry

Pakistan Steel Mills Board of Directors Has Directed The Management

Jan 6, 2013

Business Recorder reported that Pakistan Steel Mills Board of Directors has directed the management to obtain the opinion of Ukrainian contractors regarding the possibility of damage to the Coke Oven Battery-1 if it is preserved ...

Tags: PSM, Coke Oven Battery, Pakistan, Ukrainian

VTB Group Has Sold Its 20% Stake in OJSS "HC "Metalloinvest"

Jan 6, 2013

VTB Group has sold its 20% stake in OJSS "HC "Metalloinvest", a leading manufacturer and supplier of iron ore and products with high added value. The structures of USM Holdings purchased the shares, while VTB Capital, the Investment ...

Tags: VTB Group, Metalloinvest, iron ore, added value

The Lexus ES Has Already Made a Mark with Receiving a 5 Star Safety Rating

Jan 6, 2013

Just months after being introduced to the market, the Lexus ES has already made a mark with receiving a 5 star safety rating. Recently, in crash tests conducted by the National Highway Traffic Safety Administration, the redesigned 2013 ...

Tags: Lexus ES, 5 star safety rating, crash tests, engine

JFE Holdings Inc and IHI Corp Are Set to Merge Into a Single Entity

Jan 6, 2013

Jiji Press reported that shipbuilding units of JFE Holdings Inc and IHI Corp are set to merge into a single entity called Japan Marine United Corp on Tuesday in a bid to survive the tough business environment. The units to be merged are ...

Tags: JFE Holdings, IHI Corp, Japan Marine United Corp, Shipbuilding Units

Several Regulatory Changes Need to Be Brought About to Accelerate The Growth

Jan 6, 2013

Business Line cited Mr E Sudhir Reddy chairman of IVRCL as saying that several regulatory changes need to be brought about to accelerate the growth of the country’s infrastructure, which is now in a state of considerable stress. Mr ...

Tags: infrastructure, Change Norms