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Thursday, 08 March 12
INDONESIA'S COAL SECTOR CAN BENEFIT FROM CLEARER REGULATIONS - FITCH RATINGS
Fitch Ratings says Indonesia's coal mining sector should continue to see strong growth prospects but can benefit from clearer and more predictable regulations.
"Fitch expects medium term demand supply dynamics for thermal coal to remain well balanced, leading to healthy prices and strong operational cash flows for Indonesian coal miners," says Shahim Zubair, Associate Director in Fitch's Asia-Pacific Energy & Utilities team. Low production costs are a major advantage for Indonesian coal producers.
In a special report, Fitch notes that the regulatory environment of the Indonesian coal industry is in a state of transition. Further clarity is required on certain major aspects, including the proposed ban on low-rank coal exports. If implemented, the ban can hit certain operators who have significant reserves in low-rank coal. Most of the large coal miners in Indonesia are export-oriented and their coal reserves are either below or marginally above this threshold.
"It is a tough act to balance the health of the industry against long-term domestic energy security of Indonesia" says Mr Zubair. "Fitch believes that Indonesia will take a pragmatic approach to industry regulations as failing to do so can have negative consequences for the sector in the long-run."
Fitch notes the sector's rapid expansion of production and acquisition of coal reserves. A number of operators have acquired, and will continue to acquire, green-field projects which generally entail higher operational and financial risks. However, as long as risks associated with such projects are sufficiently addressed and green-field project development exposure contained, these do not necessarily pose a significant threat to credit profiles.
Credit profiles of Indonesian coal miners remain sub-investment grade, owing to limited mine site diversification, evolving mining regulations, debt-funded expansion and, in some instances, corporate governance issues.
The full report "Indonesia: Coal Mining - Strong Medium-term Outlook; Clearer Regulations Highly Desirable" is available at 'www.fitchratings.com'.
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Friday, 09 March 12
SHIP OWNERS LOOKING TO CHINA FOR REVIVAL, WHILE THEY KEEP SELLING OLD SHIPS FOR SCRAP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With China’s economic policy plan for the future on every ship owner’s mind, at least those involved in the dry bulk industry, the lates ...
Thursday, 08 March 12
DRY BULK MARKET ON THE RISE; CHINAS COAL IMPORTS COULD INCREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on rising back to healthier levels yesterday, with the BDI (Baltic Dry Index) the industry’s benchmark, marking its 8 ...
Wednesday, 07 March 12
INDONESIA COAL BENCHMARK PRICE GAINS FOR SECOND MONTH
COALspot.com - Indonesia raised the monthly coal reference price for sales in March by 1.15 percent, the second increase since February.
The Mini ...
Wednesday, 07 March 12
INDONESIA TO LIMIT FOREIGN OWNERSHIP IN MINES TO 49 PERCENT WITHIN 10 YEARS OF PRODUCTION
COALspot.com - Foreign holders of mining licenses in Indonesia have to divert 51% of their stakes to Indonesian government or domestic entitie ...
Wednesday, 07 March 12
ASSESS ASIAS POTENTIAL, DEVELOPMENTS AND APPETITE FOR SHALE AT SHALE GAS SUMMIT
Press Release - Assess Asia’s Potential, Developments and Appetite for Shale at Shale Gas Summit on 23-24 Apr, 2012 in Beijing
China is rep ...
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Showing 4816 to 4820 news of total 6871 |
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- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- PTC India Limited - India
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
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