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.
|
|
Monday, 13 June 16
BALTIC INDEX FLAT, INDEX FOR CAPE RISE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities flat this past week. The freight market was almost same l ...
Friday, 10 June 16
INDONESIAN 6322 GAR COAL PRICE REFERENCE RISES TO $51.81 A TON
COALspot.com: The Indonesia Coal Benchmark Price increased in June 2016.
The Director General of Mineral and Coal of Indonesia, the regulator ...
Friday, 10 June 16
WEEKLY U.S. COAL PRODUCTION TOTALED AN ESTIMATED 12 MMST IN THE WEEK ENDED JUNE 4, UP 4% W/W - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 12 million short tons (mmst ...
Wednesday, 08 June 16
BPI ACHIEVES FINANCIAL CLOSE FOR ITS 2000 MW POWER PROJECT IN CENTRAL JAVA
COALspot.com: PT Bhimasena Power Indonesia (BPI) on June 6th, 2016 Achieves financial close for its 2x1,000 MW power project in Batang Regency, Cen ...
Wednesday, 08 June 16
U.S COAL IMPORTS ARE PROJECTED TO BE 12 MMST IN 2016 AND 11 MMST IN 2017 - EIA
Coal Supply
U.S. coal production in May was 50 million short tons (MMst), a 4 MMst (10%) increase from the previous month but 19 MMst (28%) lower ...
|
|
|
Showing 2401 to 2405 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- The University of Queensland
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
|
| |
| |
|
