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Sunday, 01 November 20
GRADUAL RECOVERY FOR INDONESIAN COAL FROM 4Q20; RISKS REMAIN - FITCH RATINGS
 Fitch Ratings expects the credit metrics of Indonesian coal miners and coal contractors to improve from 4Q20 with the recovery in volumes and prices. Fitch also expects the recovery to continue into 2021, as we do not envisage a second round of strict lockdowns.
Fitch has revised its full-year coal-price assumptions, and also assumes lower volumes of 84%-89% of 2019 levels in 2020, reflecting weaker seaborne coal demand, before recovering gradually in 2021. There are further downside risks to volumes beyond our estimates, from a sustained weakness in coal prices.
Fitch also said, credit metrics of most Indonesian miners and contractors are likely to decline in 2020 close to - or beyond - our negative rating action triggers, affected by lower profitability and weaker volumes before recovering in 2021. Recurring sporadic lockdowns are likely to delay revival in economic growth, and in turn hurt demand for coal in key import markets.
Fitch also said, we envisage the ratings on most of the Indonesian coal companies to be at risk if the current weak coal price and demand environment continues into 2021. PT Bukit Makmur Mandiri Utama (BUMA, BB-), PT ABM Investama Tbk (ABM, B+) and PT Indika Energy Tbk (Indika, BB-), which are currently on Negative Outlook, are the most prone to a rating downgrade.
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Wednesday, 02 December 20
INDONESIA CONSIDERING CLOSING 3,400MW SURALAYA COAL PLANT - THE JAKARTA POST
The government is considering to shut down the aging Suralaya coal-fired power plant (PLTU) in Cilegon, Banten, and replace it with green energy, a ...
Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner& ...
Thursday, 26 November 20
DECLINE IN COAL EXPORTS ADDS TO NAVAJO-OWNED COMPANY'S PROBLEMS - IEEFA U.S.
Weak demand and low prices are likely creating steep losses for NTEC
U.S. coal exports to Asia—once heralded as the saving gra ...
Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping ...
Wednesday, 25 November 20
LIBOR REPLACEMENT AND SHIP FINANCE - WHERE IS IT HEADING? - WFW
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. Th ...
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Showing 721 to 725 news of total 6871 |
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- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- The University of Queensland
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
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