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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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Thursday, 10 December 15
FOB RICHARDS BAY COAL Q3' 16 DELIVERY SWAP WAS CLOSED 7.27% PER TON LOWER COMPARED TO AVERAGE Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
Wednesday, 09 December 15
U.S. COAL EXPORTS DECLINE IN 2015 DUE TO SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES - EIA
COALspot.com: The slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports in 2015 ...
Wednesday, 09 December 15
DRY BULK EXPERIENCES THE PERFECT STORM - PANOS TSILINGIRIS
Dry bulk experiences the perfect storm as the slowing of demand predominantly because of China sat atop the exaggerated oversupply. The BDI broke t ...
Tuesday, 08 December 15
OPEC'S DECISION BODES WELL FOR THE TANKER MARKET: STRONG MIDDLE EAST CRUDE EXPORTS WILL CONTINUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
OPEC’s latest decision to keep up oil production is seen by shipbrokers as a further boost for the tanker market. At the end of last year OPE ...
Tuesday, 08 December 15
Q1' 16 API 5 FOB NEWCASTLE COAL SWAP CLOSED AT $ 36.73 A TON; 1.73% HIGHER COMPARED TO Q3' 16 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $1.47 per ton (3.85%) month over month to US$ 36.73 per ton. The swap ...
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- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Australian Coal Association
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
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