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Monday, 09 July 18
RISING COAL PRICES LIFTING AUSTRALIA'S EXPORT REVENUES BUT INVESTORS STAYING AWAY - NEWCASTLE HERALD
 Newcastle coal prices have risen more than 40 per cent in a year to be at their highest levels for seven years but the industry is becoming increasingly isolated as traditional sources of investment funds dry up.
One of the important indicators of the global coal market, the McCloskey spot price index for Newcastle thermal coal bound for Japanese power stations, has risen from $US101.60 a tonne ($135.40) a year ago to $US115.50 ($156) during the last two weeks of June.
A year ago, the McCloskey index was $US79.95 ($105), meaning the index has risen almost 45 per cent in a year.
Analysts say the higher prices indicate restrictions in supply. In the years before sentiment turned against coal, mining companies would have reacted to an increase in demand by opening new mines or expanding existing ones to lift production.
But with big banks increasingly unwilling to lend on coal projects, analysts say the industry will have to find non-traditional sources of finance, such as private equity. They say the lack of finance also means prices for thermal coal, and for coking coal used in steelmaking, are unlikely to fall back to the low levels that saw thermal coal bottom out at less than $US50 ($68) a tonne in the first half of 2016.
A new commodities report this week by the National Australia Bank predicted an average thermal coal price this year of $US98 ($132.50) this year, up 12 per cent on last year. The price rises mean coal is likely to top iron ore as Australia’s biggest export earner this year.
Despite the available profits in the sector – Newcastle exporter Whitehaven’s share price has gone from $4.10 in March to $5.89 this week – institutional investors are increasingly staying away.
Chinese-backed Yancoal – which is listed on the stock exchange – wants a dual listing in Hong Kong, which chairman Baocai Zhang says will help “diversify Yancoal’s investor base”.
As an example of investor reluctance, the Australian Financial Review reported this week that the $67-billion UniSuper fund had added its name to the list of funds that would no longer buy coal shares.
Source: Newcastle Herald
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Friday, 29 June 18
THE LBH GROUP AND RHENUS PLAN TO ESTABLISH A JOINT COMPANY
Press Release: The port services provider, the LBH Group, and the logistics specialist Rhenus, are planning to cooperate closely in the European in ...
Friday, 29 June 18
SUPRAMAX: INDO / CHINA COAL ROUNDS PAYING AROUND USD HIGH 11000 - FEARNLYS
Capesize
Its been an interesting week with a strong demand for ships out of Brazil, making C3 rates remain around USD 19 pmt said Fearnlys in i ...
Friday, 29 June 18
JAPAN'S TOHOKU ELEC, GLENCORE ABANDON APRIL-MARCH COAL CONTRACT TALKS - REUTERS
Japan’s Tohoku Electric Power Co Inc and Glencore Plc have abandoned talks on annual thermal coal supplies after failing to reach an agreemen ...
Wednesday, 27 June 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
After the abolishment of the trade embargo against Iran, there was a lot of optimism from the country’s side, as after quite some time a numb ...
Tuesday, 26 June 18
"ALWAYS ACCESSIBLE": ARRIVAL, DEPARTURE OR BOTH? - INCE & CO
KNOWLEDGE TO ELEVATE
An “always accessible” berth warranty is often used by an owner to transfer the risk of delays in berthing to ...
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Showing 1686 to 1690 news of total 6871 |
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- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- The University of Queensland
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- White Energy Company Limited
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
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