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, 18 May 15
Q1' 16 API 8 CFR SOUTH CHINA COAL SWAP CLOSED HIGHER THAN Q3' 15 CLOSING PRICE
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.05 (2.10%) per MT month over month and US$ 0.53 (1.05%) pe ...
Sunday, 17 May 15
INDONESIA - INDIA FREIGHTS RATES EXPECTED TO FLAT TO SOFT NEXT WEEK
COALspot.com: The BDI was up by 10.45% and closed at 634 points week on week, while the Cape index saws big jump or up almost 55% for the same peri ...
Friday, 15 May 15
DRY BULK AND CONTAINER SHIPPING TO REMAIN WEAK, OUTLOOK FOR PORTS AND TANKERS POSITIVE - DREWRY MARITIME EQUITY RESEARCH
Global economy is in a gradual recovery mode, sending mixed signals to investors. Chinese economic data continues to remain weak as economy transit ...
Friday, 15 May 15
COAL PRODUCTION IN U.S DOWN 1.4 MILLION TONS FOR THE WEEK ENDING MAY 8
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.0 million short ...
Wednesday, 13 May 15
MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The EU governments in an effort to face their economic crisis individually are facing lack of political cohesion. This reflects back to each econom ...
|
|
|
Showing 3021 to 3025 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Australian Coal Association
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Planning Commission, India
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
|
| |
| |
|
