| LATEST NEWS |
Yantai Port [28.01.2005]
Total cargo throughput increased at Yantai of 2004
 Read more |
Xiamen Port invests in new quay cranes [28.01.2005]
Xiamen International Container Terminals (XICT) in Fujian province in Southern China has recently taken delivery of two super post panamax quay cranes.
Read more |
Hutchinson preferred for Laem Chabang [21.09.2004]
Hutchinson port holdings won the BOT of six container terminals at Laem Chabang in Thailand
Read more |
Bosphorus waiting time [24.08.2004]
Bosphorus waiting time for the 2004/05 winter is expected to be reduced considerably compared to last winter.
Read more |
Tianjin Port [13.08.2004]
Increase of 25.5% compared to first half 2003
Read more |
New freight forwarding venture in Dalian [13.08.2004]
China United Tally Co. Ltd and Dalian Port Co. Ltd, have formed a joint venture freight forwarding business in Dalian.
Read more |
Bandar Abbas container port [11.08.2004]
A new service is set up by NYK to call Bandar Abbas container port
Read more |
Thailand to import coal from South Africa [04.08.2004]
Thailand is to import 18 million tonnes of steam coal over a five year period.
Read more |
Oil imports in China up 40% [03.08.2004]
Officials in China states that for 1 half 2004 the imports have increased by 40% compared to 1 half 2003.
Read more |
Singapore considering LNG imports [02.08.2004]
Singapore has initiated steps for a Liquefied Natural Gas import project by calling for tenders to conduct a feasibility study.
Read more |
Yangtze navigation rules tightened [29.07.2004]
Navigation regulations for China’s longest river, the Yangtze, have been tightened, according to official media.
Read more |
Shenzhen Port Authority [20.07.2004]
Figures released by the Shenzhen Port Authority show that 6.1 million TEU passed through the port in the first half of the year, an increase of 32.12 per cent over the same period last year.
Read more |
Shanghai and Tianjin Port [19.07.2004]
Foreign trade passing through the ports of Shanghai and Tianjin witnessed double digit growth during the first five months of the year, reported Xinhua.
Read more |
Bandar Abbas [17.07.2004]
Ban on discharge of bulk Alumina , silicon powder and similar cargoes at Bandar Abbas
Read more |
Singapore Port [09.07.2004]
Singapore terminal operator PSA handled 13.2 million TEU worldwide during the first five months of the year, up 18.9 per cent compared with the 11.1 million TEU handled during the same period last year, according to figures released by the company.
Read more |
Energy hub challenge [23.02.2004]
Thailand has a long road ahead in its quest to become a regional oil centre
Read more |
Megaprojects speed up to help the South [13.02.2004]
B10bn to create jobs, end cycle of violence
Read more |
Unocal in talks with Bangchak [10.02.2004]
Terms negotiatiated to sell more crude
Read more |
Good news in Riyadh's WTO bid [10.02.2004]
Closed market may open up for Thailand
Read more |
Bangchak Petroleum refinancing debt [26.08.2003] Thailand
Ailing refiner Bangchak Petroleum has said it will issue 19.5 billion baht worth of new debt and equity instruments in November to refinance existing debt.
Ailing refiner Bangchak Petroleum has said it will issue 19.5 billion baht worth of new debt and equity instruments in November to refinance existing debt.
Some 12.5 billion baht in new short- to medium-term loans will be taken to refinance existing debt. Another four billion baht will be raised through the issue of convertible debentures, together with three billion baht in equity depository receipts.
Pichai Chunhavajira, head of a financial restructuring committee for Bangchak, said six billion baht in funds raised from the new loans would be used for the company's marketing businesses, four billion as working capital and 2.5 billion for refinery operations.
Loans are most likely to be from state-owned banks. Terms are projected at 10 to 12 years with a first-year grace period.
Mr Pichai, also senior executive vice-president at PTT Plc, said payment would likely be back-ended, with a possible new refinancing made after five years to take advantage of the expected peak of the refining cycle in 2006.
The restructuring plan will help reduce annual interest costs by 630 million baht, with free cash flow of 688 million and debt-to-equity falling from four times to one. The plan also calls for output to be raised to 120,000 barrels per day from 80,000 to 90,000 bpd.
Bangchak shares closed yesterday on the Stock Exchange of Thailand at 7.20 baht, up 10 satang, in trade worth 205.8 million baht.
|
Russia trade [25.08.2003] Thailand
Thai team in Moscow in talks about trade with Russia that can reach USD 1 billion.
Read more |
Shell selloff [22.08.2003] Thailand
Shell considering selloff of Thai exploration, production assets
Read more |
Laem Chabang [22.08.2003] Thailand
New monitoring systems to boost protection of goods at Laem Chabang.
Read more |
New refinery [08.08.2003] Thailand
The Ministry of Defence intent on building new refinery and seeks larger oil players.
Read more |
PM changes his NGO strategy [12.07.2003] Thailand
PM Thaksin to use a more subtle strategy towards non governmental organisations.
Read more |
| All news from: [] [Thailand] |
| |
