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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, 08 December 15
HOW TO MITIGATE LEGAL RISKS WHEN PURCHASING BUNKERS - LESSONS LEARNED FROM THE OW BUNKER COLLAPSE - THE SWEDISH CLUB
KNOWLEDGE TO ELEVATE
About a year has passed since OW Bunker & Trading A/S filed for bankruptcy. The collapse shows that there are signifi ...
Monday, 07 December 15
5000 GAR CS (I) COAL INDEX REMAIN THE SAME OVER LAST WEEK
COALspot.com: The 5000 GAR CS (i) coal index remain the same over last week.
According to the CS (i) coal (system generated) index, the CS 50 ...
Monday, 07 December 15
COAL DEMAND IN 2016 FAILS TO SUPPORT PRICES; CFR SOUTH CHINA COAL SWAPS SEEN AT $US 42 A TON
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 1.70 (3.88%) per ton month over month.
A commodity swap ...
Sunday, 06 December 15
THE BDI DECLINED BY 3.09 PERCENT TO 563 POINTS ON 4 DECEMBER
COALspot.com: The BDI declined by 3.09 percent to 563 points on 4 December 2015.
The Cape index was also declined by 10.01 percent to 890 poin ...
Sunday, 06 December 15
DRY BULK MARKET ON REVERSE MODE, SET TO BREAK NEW ALL-TIME LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been the negative “star” of the shipping industry for quite some time. In fact if it wasn’t for the boomi ...
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- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Minerals Council of Australia
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- The University of Queensland
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
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