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.
|
|
Sunday, 31 January 16
BDI CONTINUED ITS FALL AND CLOSE AT A FRESH RECORD LOW ON FRIDAY
COALspot.com: The Baltic Dry Index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertilizer, continued it ...
Friday, 29 January 16
INDONESIAN BENCHMARK COAL PRICE SETTLES DOWN $ 0.31, OR 0.58%, AT $ 53.20 A TON
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further down in January 2016. HBA has slumped by 0.58 ...
Friday, 29 January 16
U.S. COAL PRODUCTION OFF 2 PERCENT FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.1 milli ...
Thursday, 28 January 16
COAL REMAINS THE NO.1 FUEL FOR POWER GENERATION - EXXONMOBIL
COALspot.com: Energy demand trends from 2010 to 2040 are expected to vary significantly around the world, as countries move along very different tr ...
Thursday, 28 January 16
WHAT ARE THE PROSPECTS FOR COAL IN LIGHT OF THE PARIS CLIMATE AGREEMENT? - GERMAN COAL IMPORTERS ASSOCIATION
This depends – says the VDKi – to a very great extent on who you want to believe more, the United Nations or the International Energy A ...
|
|
|
Showing 2581 to 2585 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Planning Commission, India
- SMG Consultants - Indonesia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
|
| |
| |
|