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, 12 May 15
FOB INDONESIA COAL SWAP; DECLINED M-O-M AND W-O-W
COALspot.com: Indonesian coal swap for delivery Q3 2015 lost week over week and month on month, this past week.
The Q3 swap was declined US$ 0 ...
Tuesday, 12 May 15
FOB RICHARDS BAY COAL SWAPS: LOST W-O-W; GAIN M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 increased month over month and decreased week over week.
The Q3 swap h ...
Monday, 11 May 15
DRY BULK CARRIER ORDERS CRASH TO A TWENTY YEAR LOW - CLARKSONS
In the last four months dry bulk orders have fallen to 0.4m dwt per month, the lowest level since the 1990s. This is a massive 98% reduction from t ...
Monday, 11 May 15
HBA PRICE DIPS FURTHER; LOWEST RECORDED SINCE JANUARY 2009
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal benchmark prices to US$ 61.08 per MT in May ...
Monday, 11 May 15
API 5 FOB NEWCASTLE COAL SWAP; INCREASED M-O-M; DECLINED W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.62 per MT (1.41%) month over month and lost US$ 0.88 week on w ...
|
|
|
Showing 3026 to 3030 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- The University of Queensland
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Planning Commission, India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
|
| |
| |
|
