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Thursday, 18 February 16
CHINA COAL SECTOR - 2015 RESULTS BLEAK, 2016 UNLIKELY TO BE ANY BETTER - FITCH
 COALspot.com: China Coal Sector’s Financial Woes to Worsen in 2016.
Fitch Ratings says that the 2015 full-year result previews issued by the listed Chinese coal mining companies reflect the extent of challenges the sector is facing. Oversupply and weak coal prices are the main factors. Fitch expects the over-supply conditions to prevail for some time, and financial woes to deepen in 2016.
According to Fitch, twenty eight out of the 33 coal companies listed on China's Shanghai and Shenzhen Stock Exchanges have just released their 2015 full-year financial result previews, and 20 reported a net loss after excluding any one-off gains.
China Shenhua Energy (A+/Stable) ranks first by profits by a large margin; its net income is more than that of all the other listed coal companies' put together. Its scale and vertical integration into power generation and railways underpin this more positive result, as reflected in its strong 'A' category standalone credit profile, Fitch Ratings said.
Fitch views 2016 as an even more challenging year for the coal sector. China's central government has endeavoured to address the oversupply by encouraging the phase-out of high-cost and old mines, although implementation at the various government levels entails various other issues. Price recovery is highly unlikely in 2016 as consolidation of the excessive mining capacity will take longer - and require more effort - than the central government expected, together with a weaker demand outlook.
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Tuesday, 26 January 16
OUTLOOK FOR GLOBAL OIL MARKETS - OPEC SECRETARY GENERAL
Opening address by HE Abdalla S. El-Badri, OPEC Secretary General, at the Chatham House Conference: Middle East and North Africa Energy 2016, Theme ...
Monday, 25 January 16
5700 GAR COAL INDEX CLOSED $ 50.08 PER TON, $0.20 LOWER FROM LAST WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 1.35 percent week over week to averaging $39.39 per ton on this past Friday, ...
Monday, 25 January 16
SHOULD A DEFAULTING PARTY BE ENTITLED TO AN INNOCENT PARTY'S SAVING, FOLLOWING THEIR BREACH OF CONTRACT? - THE NEW FLAMENCO REVISITED
KNOWLEDGE TO ELEVATE
This case was addressed by the club in our of January 2015, when the High Court decision became available. The background ...
Monday, 25 January 16
DRY BULK SHIPPING: A MISERABLE START TO A NEW YEAR, WHERE THE MARKET STRUGGLES TO GROW AT ALL - BIMCO
The global production of steel dropped in 2015 compared to 2014, to a larger extent outside China, as China exported its surplus of steel to destin ...
Sunday, 24 January 16
PANAMAX MARKET WEAKENS ACROSS THE BOARD
COALspot.com: The Baltic Dry Index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser, fell ninetee ...
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- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- VISA Power Limited - India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- White Energy Company Limited
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- CNBM International Corporation - China
- PTC India Limited - India
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Australian Coal Association
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
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