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

Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...


Monday, 19 September 16
AFTER YEARS OF COMA, COAL BECOMES THE MOST ATTRACTIVE COMMODITY RIGHT NOW
COALspot.com: China boosted coal imports in recent months. The Chinese government’s drive to cut over capacity pushed up the demand for therm ...


Monday, 19 September 16
THE CAPE INDEX WAS UP 7.28% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined and ending in a slightly negative note this past ...


Friday, 16 September 16
GLOBAL SHIPBUILDING: THE CHALLENGE TO REMAIN 'ACTIVE' - CHRISTOPHER PEARCE, CLARKSONS
The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of ...


Friday, 16 September 16
U.S. WEEKLY COAL OUTPUT DECLINED 6.2% TO 15.1 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.1 million short ton ...


   455 456 457 458 459   
Showing 2281 to 2285 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 ...

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