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 ...

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