We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
 Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs amid lower commodity prices.
Mining companies continue to move operations in-house, renegotiate service contracts to reduce value or scope, extend payment terms and limit further exploration as they seek to minimise costs and restore profitability. This directly impacts the work contracted to mining services companies, either squeezing margins, delaying cash inflows or reducing the pipeline of work available.
The decision last week by Fortescue Metals Group Limited not to renew its contract with Downer EDI Limited, as its moves to an owner-operator model at its Christmas Creek mines, highlights this trend. Fortescue had also reduced the scope of the contract in February 2015. In addition, Rio Tinto Ltd announced last week that it was extending its supplier payment terms to 90 days from 45 days for contracts greater than USD3m, and to 60 days for contracts under this threshold. Other solutions over the past year include Atlas Iron announcing a profit sharing arrangement linked to iron ore prices with its contractors to address the impact of price volatility on its returns.
Fitch expects mining service companies with limited operations outside the resources sector to be more affected by the mining companies' actions because they have fewer opportunities to replace lost revenues. Fitch downgraded Emeco Holding Limited's Issuer Default Rating by two notches to 'B-' in September 2015, which reflected the impact of the prolonged weakness in global commodity markets on its profitability, cash flows and scale. The recent insolvencies of Civil Australia Holdings and WDS Ltd. continue to highlight the increasing challenges smaller mining service companies face in this new environment.
Larger and more diversified engineering firms, such as Downer, are likely to be less affected by the miners' actions. Their exposure to other sectors, including infrastructure and civil sectors, allows them to mitigate any loss of mining services revenue.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 23 September 19
CHINA RECORDS SLOWER GROWTH IN COAL PRODUCTION - XINHUA
The growth of China’s raw coal production slowed down in August, data from the National Bureau of Statistics (NBS) showed.
Aro ...
Friday, 20 September 19
INDIA TO INVITE BIDS FOR COMMERCIAL COAL MINING IN DECEMBER - MINISTER FOR COAL
India aims to begin the process of holding the first round of commercial coal mining auctions December end, Minister for Coal, Mines and Parliament ...
Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal gro ...
Wednesday, 18 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
During the first week of September, I had the privilege of attending the Donsö Shipping Meet 2019, in Donsö, a small island of around 1,& ...
Tuesday, 17 September 19
PANAMA SHIP REGISTRY MODERNIZES SHIP REGISTRATION
The Panama Ship Registry has announced it will integrate in a single platform “Electronic Ship Registration System (ESRS)” the present ...
|
|
|
Showing 1331 to 1335 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Australian Coal Association
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- White Energy Company Limited
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
|
| |
| |
|
