We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 10 August 13
MOODY'S: OUTLOOK FOR US COAL INDUSTRY CHANGES TO STABLE FROM NEGATIVE
Moody's Investors Service has changed its outlook for the US coal industry to stable from negative, the rating agency says in a new report, "US Coal Industry Outlook Stabilizes as Business Conditions Hit Bottom." Moody's does not expect industry fundamentals to deteriorate further over the next 12 to 18 months, though business conditions remain very weak.
"The stable outlook reflects our expectation that over the next year or so coal-fired power plants will capture roughly 40% of US electricity generation, up from 37% in 2012," says Vice President-Senior Analyst, Anna Zubets-Anderson. "Coal inventories had fallen to roughly 164 million short tons by July this year, so we expect modest improvements in thermal coal production and pricing next year."
Sustained natural gas prices will prop up demand for the thermal coal used in power production through mid-2014 to early 2015, Anna Zubets-Anderson says, while supply rationalization should help stabilize prices for metallurgical coal, which is used in steelmaking. Nonetheless, the US coal industry has little room left to cut costs, and will earn lower EBITDA in 2013 than in 2012 due to lower prices, before EBITDA flattens in 2014.
Coal producers in the Powder River and Illinois basins will continue to capture market share at the expense of Central Appalachian producers, where high mining costs and competition from natural gas will reinforce a secular decline, Moody's says.
Among companies, low-cost producers such as Cloud Peak Energy Resources and Foresight Energy will benefit the most from higher natural gas and thermal coal prices and higher peak-season coal demand. Central Appalachian producers such as James River Coal, on the other hand, will continue to see pressure on volumes and pricing.
And companies with significant exposure to metallurgical coal, such as Alpha Natural Resources and Walter Energy, will feel pressure from low prices at least though next year. Producers will generate less EBITDA from met coal in 2014 than in 2013, as higher-priced contracts expire.
Source: Moody's / Hellenic Shipping
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 18 August 13
SUB-BIT FOB INDONESIA COAL SWAP : ON POSITIVE DIRECTION ON DAY, WEEK AND MONTH
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery US$ 1.83 up month on month. The swap was moved positive ...
Sunday, 18 August 13
INDO - INDIA FREIGHT EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The freight market was up this week with the BDI gaining more than 10 pct due to strong Cape Sector.
The BDI was closed at 1,102 p ...
Friday, 16 August 13
US COAL PRODUCTION SLIGHTLY UP ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.10 million short tons (mmst) of ...
Thursday, 15 August 13
CAPESIZE : TRENDS SOMETIMES SHIFT WITH NO PRIOR WARNING - FEARNRESEARCH
Handy
The influence of the summer holidays across Europe was felt in the Atlantic basin this week. Very little activity and a growing list of avail ...
Wednesday, 14 August 13
ANOTHER WEEK IN THE RED FOR DRY BULK CARRIERS - INTERMODAL
Chartering (Wet: Stable- / Dry: Stable- )
Another week in the red for Dry Bulk carriers with the market losing further steam as fewer an ...
|
|
|
Showing 4161 to 4165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Parliament of New Zealand
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
|
| |
| |
|