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.
|
|
Friday, 29 April 16
U.S. COAL IMPORTS IN Q4' 15 DECLINED TO 2.7 MMST FROM 3 MMST IN Q3' 15
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.3 million short tons (mm ...
Thursday, 28 April 16
PRICES OF POWER-STATION COAL IN INDONESIA IS INCREASING
COALspot.com: Inquiries for Indonesian 4200 - 4400 Kcal/kg GAR thermal coal cargoes from India suddenly increase recent days.
A Jakarta-based ...
Thursday, 28 April 16
KOMIPO TO IMPORT 710K MT OF BITUMINOUS COAL DURING JULY - SEPTEMBER 2016
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 710,000 Metric Tons of Bituminous Coal for its B ...
Thursday, 28 April 16
CAPE: BIT MORE OPTIMISM IN THE MARKET; SUPRAMAX: FORWARD CURVE IS FALLING - FEARNLEYS
Cape
A bit of a slower week. Activity level has dropped, though the rates do still remain firm, says Fearnleys in its latest weekly report.
...
Wednesday, 27 April 16
THE OCEAN SHIPPING EXPERIENCED DRAMATIC VOLATILITY IN THE BEGINNING OF 2016 - PANOS TSILINGIRIS
Shipping’s new (ab)normal
The global economy and ocean shipping experienced dramatic volatility in the beginning of 2016 and as the glob ...
|
|
|
Showing 2456 to 2460 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- The University of Queensland
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
|
| |
| |
|
