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.
|
|
Monday, 03 August 15
NEWCASTLE COAL SWAPS DECLINE FURTHER THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.92 per MT (-4.22%) month over month to US$ 43.58 per mt. The swap ...
Monday, 03 August 15
CFR SOUTH CHINA COAL SWAPS SLIDE THIS WEEK
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined US$ 1.64 (3.14%) per MT month over month.
A commodity swap ...
Sunday, 02 August 15
CAPESIZE RATES PUSH BDI UPWARD
COALspot.com: The freight market was buoyant this week as BDI rose 4.14 pct to 1131 points. The cape index was also increased 16.50 pct 2209 points ...
Saturday, 01 August 15
DRY BULK MARKET KEEPS ITS MOMENTUM, AS OUTLOOK IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although conditions remain more than challenging, especially from an economic point of view (aka China’s stock worries), the dry bulk market ...
Friday, 31 July 15
CAPE'S PAPER MARKET REMAINS FIRM - INTERMODAL
COALspot.com: The positive sentiment that the Dry Bulk market has been enjoying as of the previous month, was carried through last week as well, bu ...
|
|
|
Showing 2891 to 2895 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
|
| |
| |
|
