We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 06 August 22
SUMITOMO Q1 PROFIT RISES 45% ON STRONGER PRICES OF COAL, NICKEL - REUTERS
Japanese trading house Sumitomo Corp 8053.T said on Wednesday its net profit for the April-June quarter rose 45% to a record thanks to higher prices of commodities such as coal and nickel as well as strong demand for steel products in North America.
Net profit for the three months climbed to a record 155.2 billion yen ($1.2 billion) from 107.3 billion yen a year earlier, but the company stuck to its annual profit forecast of 370 billion yen.
“Earnings from both resource and non-resource businesses have been stronger than anticipated earlier,” Sumitomo Chief Financial Officer Reiji Morooka told a news conference, adding that it may raise its profit guidance.
“On the other hand, the risk of a global economic slowdown and other uncertainties are increasing, and we will closely examine full-year forecasts going forward,” he said.
Sumitomo expects nickel production at its Ambatovy project in Madagascar to achieve its initial target of about 40,000 tonnes this financial year to March 31, after producing about 8,000 tonnes in the first quarter.
Increased oil and gas drilling activities in North America have also supported its steel pipe business in the April-June quarter and the company sees robust demand in pipes continuing through next March, Morooka said.
Asked whether Sumitomo expects any change in its business strategy in China amid rising tensions between China and Taiwan as well as China and the United States following U.S. House Speaker Nancy Pelosi’s visit to Taiwan, Morooka said no change is planned.
“It has become a major issue for us to think of how to deal with the heightened geopolitical risks triggered by not only the U.S.-China issue but also the Russia-Ukraine conflict,” Morooka said.
“We will pay close attention to the (U.S.-China) situation with high interest,” he said.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 19 December 22
ENERGY CRISIS FUELS COAL COMEBACK IN GERMANY - REUTERS
Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the dirty fuel to power it through an energy crisis.
...
Thursday, 15 December 22
MARKET INSIGHT - INTERMODAL
While observing the ship repair market very close to the end of the year, we are confident that shipyards worldwide are entering a new era. The nex ...
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
Fitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high ...
Tuesday, 13 December 22
BIMCO CII CLAUSE FINALLY RELEASED: DOES IT MAKE ANY SENSE OF CCI? - WFW
WHAT IS CII?
The new International Maritime Organisation’s (“IMO’s”) Carbon Intensity Indicator (“CII”) cer ...
Tuesday, 13 December 22
COAL BASE RAMPS UP ENERGY SUPPLY FOR WINTER NEEDS - XINHUA
Inner Mongolia Autonomous Region, China’s leading coal production base, has kicked its production into high gear to meet heating needs as col ...
|
|
|
Showing 166 to 170 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Planning Commission, India
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
|
| |
| |
|