COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch RatingsFitch 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.

Recent News

Tuesday, 23 January 18
OIL MARKET ANALYSIS - ALLIED
Brent oil futures hit a three year high on January 16th touching around USD 70.30 before falling back down to around USD 68.60 at the Time of this ...


Friday, 19 January 18
U.S. WEEKLY COAL OUTPUT WAS 13.5 MMST FOR THE WEEK ENDING JANUARY 13, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.5 million short tons ...


Thursday, 18 January 18
WORLD TRADE IN HARD COAL RISES BY 1.5% IN 2017 - KOHLENIMPORTEURE
Press Release: World Trade in Hard Coal Rises by 1.5% in 2017. German Steam Coal Imports Plummet by 15% in 2017 – in Contrast to Other Sector ...


Wednesday, 17 January 18
SHIPPING MARKET INSIGHT - INTERMODAL
As we are now well into the first month of 2018, the mood across the entire offshore industry undeniably remains rather positive following the oil ...


Monday, 15 January 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO WEAK THIS WEEK - VISTAAR
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...


   364 365 366 367 368   
Showing 1826 to 1830 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • GHCL Limited - India
  • U S Energy Resources
  • Wood Mackenzie - Singapore
  • SRK Consulting
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mintek Dendrill Indonesia
  • Russian Coal LLC
  • Thermax Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Global Business Power Corporation, Philippines
  • Energy Development Corp, Philippines
  • Peabody Energy - USA
  • KOWEPO - South Korea
  • Kaltim Prima Coal - Indonesia
  • TNPL - India
  • Ministry of Transport, Egypt
  • Edison Trading Spa - Italy
  • EIA - United States
  • Surastha Cement
  • ASAPP Information Group - India
  • Carbofer General Trading SA - India
  • TeaM Sual Corporation - Philippines
  • PLN Batubara - Indonesia
  • globalCOAL - UK
  • VISA Power Limited - India
  • Platou - Singapore
  • Semirara Mining Corp, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Oldendorff Carriers - Singapore
  • Asian Development Bank
  • Coeclerici Indonesia
  • WorleyParsons
  • Japan Coal Energy Center
  • Uttam Galva Steels Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Thiess Contractors Indonesia
  • Bank of China, Malaysia
  • Cosco
  • Kideco Jaya Agung - Indonesia
  • Shenhua Group - China
  • Central Electricity Authority - India
  • Jatenergy - Australia
  • Bayan Resources Tbk. - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Credit Suisse - India
  • Ceylon Electricity Board - Sri Lanka
  • Madhucon Powers Ltd - India
  • GVK Power & Infra Limited - India
  • Mechel - Russia
  • Heidelberg Cement - Germany
  • IOL Indonesia
  • Therma Luzon, Inc, Philippines
  • McKinsey & Co - India
  • Indian School of Mines
  • Mitra SK Pvt Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Tata Power - India
  • SMC Global Power, Philippines
  • Meralco Power Generation, Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Platts
  • PLN - Indonesia
  • India Bulls Power Limited - India
  • Binh Thuan Hamico - Vietnam
  • Cigading International Bulk Terminal - Indonesia
  • Minerals Council of Australia
  • Gujarat Sidhee Cement - India
  • Indo Tambangraya Megah - Indonesia
  • Borneo Indobara - Indonesia
  • Medco Energi Mining Internasional
  • Power Finance Corporation Ltd., India
  • International Coal Ventures Pvt Ltd - India
  • The University of Queensland
  • Runge Indonesia
  • Thriveni
  • Bukit Baiduri Energy - Indonesia
  • TGV SRAAC LIMITED, India
  • CCIC - Indonesia
  • Cardiff University - UK
  • Goldman Sachs - Singapore
  • Sucofindo - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Deloitte Consulting - India
  • Bharathi Cement Corporation - India
  • BRS Brokers - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • SMG Consultants - Indonesia
  • Bhoruka Overseas - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Parliament of New Zealand
  • Pinang Coal Indonesia
  • Mercator Lines Limited - India
  • GMR Energy Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Bhushan Steel Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Tanito Harum - Indonesia
  • bp singapore
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • The Treasury - Australian Government
  • ANZ Bank - Australia
  • Jorong Barutama Greston.PT - Indonesia
  • Deutsche Bank - India
  • ETA - Dubai
  • SN Aboitiz Power Inc, Philippines
  • Indian Energy Exchange, India
  • San Jose City I Power Corp, Philippines
  • Qatrana Cement - Jordan
  • Coalindo Energy - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Dalmia Cement Bharat India
  • Bangkok Bank PCL
  • Sarangani Energy Corporation, Philippines
  • Cargill India Pvt Ltd
  • Bukit Makmur.PT - Indonesia
  • Enel Italy
  • SASOL - South Africa
  • Sinarmas Energy and Mining - Indonesia
  • Indonesian Coal Mining Association
  • AsiaOL BioFuels Corp., Philippines
  • Thailand Anthracite
  • Posco Energy - South Korea
  • Maruti Cements - India
  • Bulk Trading Sa - Switzerland
  • Adani Power Ltd - India
  • NTPC Limited - India
  • Humpuss - Indonesia
  • Intertek Mineral Services - Indonesia
  • Malabar Cements Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Petrosea - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • IEA Clean Coal Centre - UK
  • Neyveli Lignite Corporation Ltd, - India
  • Cemex - Philippines
  • Aboitiz Power Corporation - Philippines
  • Independent Power Producers Association of India
  • PowerSource Philippines DevCo
  • Glencore India Pvt. Ltd
  • Makarim & Taira - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Banpu Public Company Limited - Thailand
  • KPMG - USA
  • Vale Mozambique
  • Jindal Steel & Power Ltd - India
  • SUEK AG - Indonesia
  • Indian Oil Corporation Limited
  • PNOC Exploration Corporation - Philippines
  • Total Coal South Africa
  • UOB Asia (HK) Ltd
  • Electricity Generating Authority of Thailand
  • Port Waratah Coal Services - Australia
  • Kepco SPC Power Corporation, Philippines
  • Xindia Steels Limited - India
  • Indika Energy - Indonesia
  • Orica Mining Services - Indonesia
  • GB Group - China
  • Krishnapatnam Port Company Ltd. - India
  • Idemitsu - Japan
  • ICICI Bank Limited - India
  • Singapore Mercantile Exchange
  • Semirara Mining and Power Corporation, Philippines
  • Mitsubishi Corporation
  • IMC Shipping - Singapore
  • Bank of America
  • Ambuja Cements Ltd - India
  • Pendopo Energi Batubara - Indonesia
  • CESC Limited - India
  • Riau Bara Harum - Indonesia
  • Australian Commodity Traders Exchange
  • Freeport Indonesia
  • Tamil Nadu electricity Board
  • Energy Link Ltd, New Zealand
  • Holcim Trading Pte Ltd - Singapore
  • Arutmin Indonesia
  • Coaltrans Conferences
  • CIMB Investment Bank - Malaysia
  • PetroVietnam
  • KPCL - India
  • Lanco Infratech Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Globalindo Alam Lestari - Indonesia
  • Romanian Commodities Exchange
  • Chettinad Cement Corporation Ltd - India
  • EMO - The Netherlands
  • Shree Cement - India
  • Cement Manufacturers Association - India
  • Sindya Power Generating Company Private Ltd
  • Xstrata Coal
  • Sree Jayajothi Cements Limited - India
  • Britmindo - Indonesia
  • Latin American Coal - Colombia
  • ING Bank NV - Singapore
  • Interocean Group of Companies - India
  • Parry Sugars Refinery, India
  • Cebu Energy, Philippines
  • Mitsui
  • Coastal Gujarat Power Limited - India
  • RBS Sempra - UK
  • NALCO India
  • GAC Shipping (India) Pvt Ltd
  • Kohat Cement Company Ltd. - Pakistan
  • Indorama - Singapore
  • Merrill Lynch Commodities Europe
  • Arch Coal - USA
  • Samtan Co., Ltd - South Korea
  • CoalTek, United States
  • Bukit Asam (Persero) Tbk - Indonesia
  • Ministry of Finance - Indonesia
  • Africa Commodities Group - South Africa
  • Formosa Plastics Group - Taiwan
  • Coal Orbis AG
  • Kobexindo Tractors - Indoneisa
  • MEC Coal - Indonesia
  • Meenaskhi Energy Private Limited - India
  • BNP Paribas - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Maersk Broker
  • Videocon Industries ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Indogreen Group - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Vizag Seaport Private Limited - India
  • The India Cements Ltd
  • Eastern Energy - Thailand
  • JPower - Japan
  • OCBC - Singapore
  • Ministry of Mines - Canada
  • DBS Bank - Singapore
  • Thomson Reuters GRC
  • Global Coal Blending Company Limited - Australia
  • Kalimantan Lumbung Energi - Indonesia
  • Agrawal Coal Company - India
  • Asia Cement - Taiwan
  • Planning Commission, India
  • Barasentosa Lestari - Indonesia
  • Economic Council, Georgia
  • Ince & co LLP
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Larsen & Toubro Limited - India
  • Vitol - Bahrain
  • Malco - India
  • Mercuria Energy - Indonesia
  • Inspectorate - India
  • Kumho Petrochemical, South Korea
  • APGENCO India
  • Essar Steel Hazira Ltd - India
  • Coal and Oil Company - UAE
  • Standard Chartered Bank - UAE
  • Eastern Coal Council - USA
  • Kobe Steel Ltd - Japan
  • Noble Europe Ltd - UK
  • Inco-Indonesia
  • Bangladesh Power Developement Board
  • JPMorgan - India
  • J M Baxi & Co - India
  • KEPCO - South Korea
  • Gresik Semen - Indonesia
  • Australian Coal Association
  • Baramulti Group, Indonesia
  • Mjunction Services Limited - India
  • Berau Coal - Indonesia
  • New Zealand Coal & Carbon
  • Moodys - Singapore
  • Rudhra Energy - India
  • Merrill Lynch Bank
  • London Commodity Brokers - England
  • Georgia Ports Authority, United States
  • Tata Chemicals Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Gupta Coal India Ltd
  • Antam Resourcindo - Indonesia
  • Grasim Industreis Ltd - India
  • Adaro Indonesia
  • Barclays Capital - USA
  • Panama Canal Authority
  • Indonesia Power. PT
  • Metalloyd Limited - United Kingdom
  • Orica Australia Pty. Ltd.
  • Aditya Birla Group - India
  • Simpson Spence & Young - Indonesia
  • Electricity Authority, New Zealand
  • Chamber of Mines of South Africa
  • PetroVietnam Power Coal Import and Supply Company
  • Fearnleys - India
  • Star Paper Mills Limited - India
  • LBH Netherlands Bv - Netherlands
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • GNFC Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Price Waterhouse Coopers - Russia
  • Renaissance Capital - South Africa
  • Rio Tinto Coal - Australia
  • Global Green Power PLC Corporation, Philippines
  • World Coal - UK
  • World Bank
  • IHS Mccloskey Coal Group - USA
  • Maheswari Brothers Coal Limited - India
  • Savvy Resources Ltd - HongKong
  • Miang Besar Coal Terminal - Indonesia
  • Attock Cement Pakistan Limited
  • Maybank - Singapore
  • Commonwealth Bank - Australia
  • Samsung - South Korea
  • CNBM International Corporation - China
  • Permata Bank - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • PTC India Limited - India
  • Clarksons - UK
  • TANGEDCO India
  • Sakthi Sugars Limited - India
  • Marubeni Corporation - India
  • The State Trading Corporation of India Ltd
  • Coal India Limited
  • Reliance Power - India
  • Sojitz Corporation - Japan
  • Siam City Cement - Thailand
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Sical Logistics Limited - India
  • Anglo American - United Kingdom
  • IBC Asia (S) Pte Ltd
  • SGS (Thailand) Limited
  • Iligan Light & Power Inc, Philippines
  • Geoservices-GeoAssay Lab
  • ACC Limited - India
  • Salva Resources Pvt Ltd - India
  • UBS Singapore
  • Altura Mining Limited, Indonesia
  • Jaiprakash Power Ventures ltd
  • Central Java Power - Indonesia
  • Petron Corporation, Philippines
  • Thai Mozambique Logistica
  • GN Power Mariveles Coal Plant, Philippines
  • Straits Asia Resources Limited - Singapore
  • McConnell Dowell - Australia
  • Trasteel International SA, Italy
  • Argus Media - Singapore
  • Ind-Barath Power Infra Limited - India
  • Directorate Of Revenue Intelligence - India
  • Lafarge - France
  • Gujarat Electricity Regulatory Commission - India
  • HSBC - Hong Kong
  • TRAFIGURA, South Korea
  • Infraline Energy - India
  • White Energy Company Limited
  • Core Mineral Indonesia
  • Wilmar Investment Holdings
  • Maharashtra Electricity Regulatory Commission - India
  • MS Steel International - UAE
  • Siam City Cement PLC, Thailand
  • Vedanta Resources Plc - India
  • Bhatia International Limited - India
  • South Luzon Thermal Energy Corporation
  • Timah Investasi Mineral - Indoneisa