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.
|
|
Tuesday, 19 January 16
HAPPY NEW YEAR, COAL PRODUCERS! OR MAYBE NOT - ANDY ROBERTS
To coal producers, 2015 must have seemed far longer than 365 days. From their perspective, as bad as markets were at the beginning of the year, and ...
Tuesday, 19 January 16
COALTRANS ASIA IS RETURNING TO BALI
22nd Coaltrans Asia
Coaltrans Asia is returning to Bali to bring together over 1000 industry decision makers and thought leaders for three day ...
Monday, 18 January 16
INDONESIAN 5700 GAR COAL INDEX ROSE 0.60% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline slightly week over week to averaging $39.93 per ton on this past Friday, acc ...
Monday, 18 January 16
BALTIC DRY SHIPPING INDEX DROPS TO 373 POINTS; DECLINE 13% WEEK OVER WEEK
COALspot.com: The freight market dropped this week as the BDI declined further 13 percent to 373 points week over week. The Cape index ...
Monday, 18 January 16
Q1'16 CFR SOUTH CHINA COAL SWAP CLOSED AT $ 42.50 PER TON; UP 1% MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery rose US$ 0.43 (1.02%) per ton month over month.
A commodity swap is ...
|
|
|
Showing 2601 to 2605 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Australian Coal Association
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
|
| |
| |
|
