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.
|
|
Friday, 10 November 17
U.S. COAL OUTPUT FOR THE FIRST 10 MONTHS OF 2017 IS ESTIMATED AT AROUND 656 MMST; UP10% YOY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15 million short tons ...
Wednesday, 08 November 17
COAL MARKETS WERE MIXED; COKING COAL EKING OUT SOME GAINS; THERMAL COAL STRUGGLING - DANIEL HYNES
Coal markets were mixed, with coking coal eking out some gains, while thermal coal struggled amid the falling oil prices, ANZ Strategist said in a ...
Wednesday, 08 November 17
WEEKLY SHIPPING MARKET INSIGHT
If you are a dry bulk owner today you are definitely feeling the pressure of the past couple of years off and given the admittedly unexpected growt ...
Wednesday, 08 November 17
NEW QUAY OPENED AT THE INDUSTRIAL PORT IN BREMEN,GERMAN
Press Release: After a building period lasting three-and-a-half years, the port logistics firm Weserport, the “bremenports” comp ...
Tuesday, 07 November 17
ING JOINS FORCES ON BLOCKCHAIN-BASED PLATFORM FOR ENERGY COMMODITIES SECTOR
Blockchain technology. It’s often been described as the most important invention in computing in a generation.
So it should come as no s ...
|
|
|
Showing 1886 to 1890 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Planning Commission, India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
|
| |
| |
|
