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, 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 ...


   479 480 481 482 483   
Showing 2401 to 2405 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 ...

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