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 March 17
ESTIMATED U.S. COAL PRODUCTION ALMOST FLAT WEEK ENDED MARCH 4, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 10 March 17
THE 5TH PHILIPPINES POWER AND ELECTRICITY WEEK RETURNS WITH A UNIQUE FOCUS IN 2017
5th Annual Philippines Power & Electricity
18-21 July 2017
Solaire Resort & Casino,Manila, Philippines
http://www.philippinespowe ...
Thursday, 09 March 17
INDONESIAN COAL BENCHMARK PRICE DROPPED FOR A THIRD STRAIGHT MONTH IN MARCH, GOVERNMENT DATA SHOWED
COALspot.com: Indonesian government declared coal benchmark price dropped for a fourth straight month in March, government data showed. The ...
Wednesday, 08 March 17
THE FREIGHT MARKET TODAY PROVIDES MUCH MORE CONFIDENCE COMPARED TO LAST YEAR - TIMOS PAPADIMITRIOU
So what's all the fuss about? During the past five months SnP activity has being surging exponentially in the dry bulk sector. Buyers are looki ...
Monday, 06 March 17
THE FREIGHT MARKET WAS CONTINUING TO FIRM UP THIS PAST WEEK
COALspot.com: The Freight market was continuing to firm up this past week.
The Baltic Exchange, tracking rates for ships carrying dry bulk com ...
|
|
|
Showing 2106 to 2110 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Parliament of New Zealand
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
|
| |
| |
|