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, 03 July 15
SHIPPING CONFIDENCE EQUALS SEVEN-YEAR LOW - MOORE STEPHENS
Overall confidence levels in the shipping industry fell during the three months to May 2015 to a level equal to the lowest rating recorded in the p ...
Thursday, 02 July 15
TECHNOLOGY AND INNOVATION IN MINING 2015 - IXG
Information Exchange Group’s Technology and Innovation in Mining 2015- International Summit on Mining
Press Release: The inaugural editi ...
Thursday, 02 July 15
THE PERFORMANCE OF THE CAPESIZE SEGMENT PUSHED DRY BULK MARKET TO UPWARD LAST WEEK
COALspot.com: The Dry Bulk market continued its upward movement last week, with the BDI closing off on Friday (26 June) in excess of 800 points, wh ...
Wednesday, 01 July 15
Q4'15 AND Q1'16 FOB RICHARDS BAY COAL SWAPS ROSE W-O-W AND M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 rose month over month and down week over week.
The Q3 swap was up US$ ...
Wednesday, 01 July 15
BEIJING HAS OFFICIALLY EXTENDED BY TWO YEARS ITS SUBSIDY PROGRAM TO SUPPORT LOCAL SHIPPING COMPANIES IN SCRAPPING THEIR OLD TONNAGE - INTERMODAL
Last week, Beijing has officially extended by two years its subsidy program to support local shipping companies in scrapping their old tonnage in w ...
|
|
|
Showing 2946 to 2950 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Planning Commission, India
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
|
| |
| |
|
