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

Monday, 14 November 16
KOMIPO'S SEOCHEON POWER PLANT TO IMPORT 240,000 MT OF SEMI / ANTHRACITE COAL FOR Q1'17
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 240K mt of Semi-Anthracite and Anthracite Coal f ...


Monday, 14 November 16
DUNIA MAKMUR SUBSIDIARY BAGS MINING SERVICE CONTRACT WORTH $ 282.63 MILLION
PT Bukit Makmur Mandiri Utama (BUMA), has signed a life of mine contract with PT Tadjahan Antang Mineral (TAM) with a contract value of approximate ...


Monday, 14 November 16
THE CAPE INDEX ROSE 44.57 PER CENTS TO 2303 POINT WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose slightly and ending in a positive note this past wee ...


Friday, 11 November 16
INDONESIAN 4200 GAR COAL IS THE MOST ATTRACTIVE COAL IN TODAY'S MARKET - OPINION POLL
“ Which coal type of Indonesian origin do you find the most attractive in today's market?” The on-line opinion poll conducted ...


Friday, 11 November 16
WEEKLY U.S. COAL OUTPUT FELL SLIGHTLY W/E NOVEMBER 5
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.9 million short ton ...


   442 443 444 445 446   
Showing 2216 to 2220 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 ...

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