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, 25 February 15
PORT OF NEWCASTLE SHIPPED 13.16MT OF COAL IN JANUARY; DECLINED 16.70% FROM A MONTH AGO
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.15 billio ...
Wednesday, 25 February 15
BDI SLIPPING ONCE MORE TO FRESH HISTORICAL LOWS
COALspot.com: With the BDI slipping once more to fresh historical lows and the Chinese holidays underway, signs for a positive reversal in the Dry ...
Tuesday, 24 February 15
FOB INDONESIA COAL SWAP SET TO RALLY
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 rose week over week and month on month.
The Q2 swap increased US$ 3.30 (+7.30%) ...
Tuesday, 24 February 15
Q3' FOB RICHARDS BAY COAL SWAP CLOSED $59.80 W/E 20 FEB
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 surge month over month and decline week on week.
The Q2 swap has soar ...
Tuesday, 24 February 15
IHS ENERGY COAL CONFERENCE OF THE AMERICAS
Attend the IHS Energy Coal Conference of the Americas 17-19 March in Cartagena, Colombia and learn about timely concerns in today's coal indust ...
|
|
|
Showing 3176 to 3180 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
|
| |
| |
|
