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.
|
|
Wednesday, 13 January 16
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Going through the second week of 2016 we could easily argue that at this point there are no visible signs of an imminent recovery in the Dry Bulk m ...
Wednesday, 13 January 16
IRON ORE IMPASSE - A FAILED CLAIM FOR CONVERSION - CLYDE & CO
KNOWLEDGE TO ELEVATE
In the recent case of the “Bao Yue”, the English High Court found that the bill of lading holder was liable t ...
Tuesday, 12 January 16
5700 GAR COAL FOR DELIVERY WITHIN Q1 FELL 0.91% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin moved South direction week over week to averaging $39.96 per ton on last Friday, acc ...
Monday, 11 January 16
PORT OF NEWCASTLE SHIPPED 20% MORE COAL IN DECEMBER 2015; AVERAGE SELLING PRICE DECLINE 3.43%
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $1.129 billio ...
Sunday, 10 January 16
LNG BUNKERING IN ASIA: FUELING A PROMISING FUTURE? - REED SMITH
The requirement of a mandatory reduction of sulphur content in bunker fuel proposed by the International Maritime Organisation (IMO) poses a challe ...
|
|
|
Showing 2611 to 2615 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
|
| |
| |
|