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.
|
|
Tuesday, 11 December 18
SHIPPING MARKET ANALYSIS - ALLIED
A lot of discussions have been made as to the effects of the IMO 2020 regulation on OPEX levels, investment feasibility of& ...
Tuesday, 11 December 18
PORT OF NEWCASTLE SHIPPED 10.849 MMT OF COAL IN NOVEMBER DOWN 23.44 PERCENT MOM
COALspot.com: The Port of Newcastle, Australia’s major trading port and the world’s largest coal export port has shipped A$ 1,574.8 mil ...
Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
Capesize
There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually ...
Thursday, 06 December 18
U.S. COAL CONSUMPTION IN 2018 EXPECTED TO BE THE LOWEST IN 39 YEARS - EIA
EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U ...
Thursday, 06 December 18
DEMAND RISKS WEIGH ON GLOBAL SHIPPING SECTOR OUTLOOK - FITCH RATINGS
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings say ...
|
|
|
Showing 1536 to 1540 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
|
| |
| |
|
