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, 15 August 16
THE SPOT FREIGHT MARKET STRENGTHEN OVER THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose as Cape and Panamax segments ending in a positive no ...


Friday, 12 August 16
U.S. WEEKLY COAL OUTPUT ENDING AUGUST 6 FELL SLIGHTLY
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.9 million short ton ...


Thursday, 11 August 16
CAPESIZE THE PACIFIC SIDE IS LOOKING MORE POSITIVE, DRIVEN BY AUSTRALIAN IRON ORE - FEARNLEYS
Supramax Rates continue to be under pressure with index ending up with 639 points and average TC value at USD6,680, said Fearnleys. Fearnleys A/S ...


Thursday, 11 August 16
EIA ESTIMATES THE DELIVERED COAL PRICE TO U.S. ELECTRIC UTILITIES IN 2017 AVERAGED $2.24/MMBTU; $0.05/MMBTU HIGHER THAN 2016 ESTIMATES
Coal Supply U.S. coal production in July was 65 million short tons (MMst), an 8 MMst (14%) increase from the previous month but 11 MMst (15%) low ...


Wednesday, 10 August 16
THE DRY BULK MARKET KEPT SOFTENING LAST WEEK; WE CAN SEE MUCH HEALTHIER NUMBERS STARTING SEPTEMBER
The Dry Bulk market kept softening last week as we have now started going through the traditionally quieter days of the summer season peak period, ...


   463 464 465 466 467   
Showing 2321 to 2325 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 ...

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