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Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were supporting strong cash inflows.
Global coal prices have been touching near record highs, following fears of a supply crunch due to Western sanctions on Russia, the world’s third-largest exporter of coal, due to the Ukraine crisis.
The planned prepayment is part of the miner’s repayment towards its syndicated facility and its related-party loans, Yancoal said in a statement, leaving the miner with a $333 million syndicated term loan as its only remaining payable debt.
Of this, $301 million is due in the second half of 2024 and $32 million is due in the second half of 2026.
“Yancoal’s scale of production provides substantial cash inflows during periods of elevated coal prices, and the decision to undertake yet another debt prepayment was made possible by the recent coal price,” Yancoal Chief Executive Officer David Moult said.
Combined with debt prepayments in October 2021, July 2022 and October 2022, the planned $459 million debt prepayment will result in the miner having prepaid over $2.75 billion of debt in the last 15 months, the company said.
Source: Reuters
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Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
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- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Parliament of New Zealand
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Planning Commission, India
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
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