COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
ReutersAustralia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations would hurt its financial performance in the second half of the year.
 
“As a result of reduced electricity demand across most global markets, thermal coal demand and price has declined sharply since the beginning of April 2020,” the coal miner said in a quarterly update.
 
The coronavirus outbreak had affected all markets and coal types, destroying global power demand more rapidly and on a greater scale than seen during the global financial crisis of 2008, it added.
 
High levels of Indian coal stocks, the uncertain pace of Japan’s recovery and low coal imports from Europe were all posing negatives for the thermal coal market, the miner said.
 
However, offering some relief, New Hope said a pick-up in Chinese industrial activity and power consumption, along with firm demand from Vietnam, Taiwan and Korea had supported a recovery in prices in recent weeks.
 
Meanwhile, the company said it was currently searching for a new chief executive, after industry veteran Shane Stephan recently announced his retirement effective on August 31.
 
New Hope also said it had been informed by the Australian high court that special leave applications had been submitted by Wiggins Island Coal Export Terminal (WICET) and liquidators regarding debts owed by its two units, Northern Energy Corporation and Colton Coal.
 
Both units are currently under liquidation. If the applications and the appeal are successful, the company could be exposed to a liability of about A$155 million ($102.55 million), New Hope said, adding that it would continue to deny the claims.
 
A court last year found that New Hope was not required to fulfil its units’ debts, as claimed by Wiggins Island Coal Export Terminal (WICET) and the liquidators .
Source: Reuters (Reporting by Rashmi Ashok in Bengaluru; Editing by Simon Cameron-Moore)


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 08 May 20
THE COLLAPSE OF THE OIL AND BUNKER FUEL MARKETS IN EARLY 2020 - PETER SAND
The sulphur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the centre stage in the shipp ...


Friday, 08 May 20
LNG DEMAND FACED SEVERAL HEADWINDS IN THE FIRST QUARTER OF 2020 - GASLOG
LNG demand faced several headwinds in the first quarter of 2020 including a warmer than average winter in the northern hemisphere, high inventory l ...


Thursday, 07 May 20
IEEFA UPDATE: THE OUTLOOK FOR THERMAL COAL IN SOUTHEAST ASIA AND SOUTH ASIA
Seven headwinds are building to sustained growth in coal in Asia   The medium term outlook for thermal coal in Southeast Asia is posit ...


Thursday, 07 May 20
IMO 2020: BUNKER CLAIMS HANDLING GUIDE FOR A NEW DECADE - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE IMO 2020 is the term generally used to describe the following regulations under Annex VI of the International Convention ...


Thursday, 07 May 20
CRUDE OIL TANKER EARNINGS DROP 68% IN NINE DAYS - BIMCO
Crude oil tanker earnings have come down sharply in recent weeks with Very Large Crude Carrier (VLCC) earnings from the Middle East Gulf to China d ...


   194 195 196 197 198   
Showing 976 to 980 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Arch Coal - USA
  • Deutsche Bank - India
  • Lafarge - France
  • ASAPP Information Group - India
  • Sree Jayajothi Cements Limited - India
  • Sical Logistics Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Romanian Commodities Exchange
  • Sakthi Sugars Limited - India
  • Meenaskhi Energy Private Limited - India
  • Deloitte Consulting - India
  • Savvy Resources Ltd - HongKong
  • Bangladesh Power Developement Board
  • Bukit Makmur.PT - Indonesia
  • Xindia Steels Limited - India
  • Sarangani Energy Corporation, Philippines
  • McKinsey & Co - India
  • Borneo Indobara - Indonesia
  • Africa Commodities Group - South Africa
  • Formosa Plastics Group - Taiwan
  • New Zealand Coal & Carbon
  • Kobexindo Tractors - Indoneisa
  • Cebu Energy, Philippines
  • Total Coal South Africa
  • Central Electricity Authority - India
  • IOL Indonesia
  • APGENCO India
  • GB Group - China
  • Mitsui
  • Petrosea - Indonesia
  • Parry Sugars Refinery, India
  • Maheswari Brothers Coal Limited - India
  • Malco - India
  • Sindya Power Generating Company Private Ltd
  • Thriveni
  • BRS Brokers - Singapore
  • Siam City Cement - Thailand
  • Global Green Power PLC Corporation, Philippines
  • Ministry of Finance - Indonesia
  • UBS Singapore
  • Mjunction Services Limited - India
  • Cardiff University - UK
  • Agrawal Coal Company - India
  • Indonesia Power. PT
  • Core Mineral Indonesia
  • Asian Development Bank
  • HSBC - Hong Kong
  • Tamil Nadu electricity Board
  • London Commodity Brokers - England
  • Uttam Galva Steels Limited - India
  • OPG Power Generation Pvt Ltd - India
  • Ernst & Young Pvt. Ltd.
  • EMO - The Netherlands
  • Britmindo - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • TANGEDCO India
  • Oldendorff Carriers - Singapore
  • Arutmin Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Bulk Trading Sa - Switzerland
  • Manunggal Multi Energi - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Carbofer General Trading SA - India
  • Chamber of Mines of South Africa
  • Bangkok Bank PCL
  • Central Java Power - Indonesia
  • NTPC Limited - India
  • IHS Mccloskey Coal Group - USA
  • Infraline Energy - India
  • White Energy Company Limited
  • Attock Cement Pakistan Limited
  • RBS Sempra - UK
  • Orica Australia Pty. Ltd.
  • Commonwealth Bank - Australia
  • Mitsubishi Corporation
  • Gujarat Sidhee Cement - India
  • Posco Energy - South Korea
  • Bukit Baiduri Energy - Indonesia
  • Orica Mining Services - Indonesia
  • Xstrata Coal
  • Maharashtra Electricity Regulatory Commission - India
  • Ministry of Mines - Canada
  • Medco Energi Mining Internasional
  • Power Finance Corporation Ltd., India
  • CIMB Investment Bank - Malaysia
  • ING Bank NV - Singapore
  • Metalloyd Limited - United Kingdom
  • Ince & co LLP
  • Siam City Cement PLC, Thailand
  • GHCL Limited - India
  • Kumho Petrochemical, South Korea
  • PTC India Limited - India
  • ETA - Dubai
  • GVK Power & Infra Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Wilmar Investment Holdings
  • Global Coal Blending Company Limited - Australia
  • KPCL - India
  • MS Steel International - UAE
  • Surastha Cement
  • Jatenergy - Australia
  • Indian Oil Corporation Limited
  • Coal Orbis AG
  • Wood Mackenzie - Singapore
  • Bhoruka Overseas - Indonesia
  • Platou - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Glencore India Pvt. Ltd
  • Thermax Limited - India
  • J M Baxi & Co - India
  • Larsen & Toubro Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • KPMG - USA
  • Makarim & Taira - Indonesia
  • Therma Luzon, Inc, Philippines
  • Banpu Public Company Limited - Thailand
  • Bahari Cakrawala Sebuku - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Edison Trading Spa - Italy
  • Credit Suisse - India
  • Trasteel International SA, Italy
  • Mercuria Energy - Indonesia
  • Inspectorate - India
  • GAC Shipping (India) Pvt Ltd
  • Interocean Group of Companies - India
  • Bayan Resources Tbk. - Indonesia
  • Coal India Limited
  • DBS Bank - Singapore
  • Tanito Harum - Indonesia
  • IMC Shipping - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Port Waratah Coal Services - Australia
  • GN Power Mariveles Coal Plant, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • The University of Queensland
  • Coaltrans Conferences
  • The State Trading Corporation of India Ltd
  • Japan Coal Energy Center
  • Karbindo Abesyapradhi - Indoneisa
  • Ambuja Cements Ltd - India
  • Riau Bara Harum - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Cargill India Pvt Ltd
  • PLN Batubara - Indonesia
  • Independent Power Producers Association of India
  • Fearnleys - India
  • Permata Bank - Indonesia
  • Malabar Cements Ltd - India
  • PetroVietnam
  • Globalindo Alam Lestari - Indonesia
  • Cement Manufacturers Association - India
  • Mintek Dendrill Indonesia
  • Thiess Contractors Indonesia
  • SGS (Thailand) Limited
  • Pipit Mutiara Jaya. PT, Indonesia
  • Coal and Oil Company - UAE
  • PetroVietnam Power Coal Import and Supply Company
  • India Bulls Power Limited - India
  • globalCOAL - UK
  • Cigading International Bulk Terminal - Indonesia
  • Antam Resourcindo - Indonesia
  • Meralco Power Generation, Philippines
  • Pendopo Energi Batubara - Indonesia
  • McConnell Dowell - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Renaissance Capital - South Africa
  • Noble Europe Ltd - UK
  • IEA Clean Coal Centre - UK
  • ICICI Bank Limited - India
  • Samsung - South Korea
  • NALCO India
  • Minerals Council of Australia
  • WorleyParsons
  • Cemex - Philippines
  • Shree Cement - India
  • Madhucon Powers Ltd - India
  • Anglo American - United Kingdom
  • Planning Commission, India
  • Australian Coal Association
  • Ministry of Transport, Egypt
  • Electricity Authority, New Zealand
  • Goldman Sachs - Singapore
  • Adaro Indonesia
  • CESC Limited - India
  • Tata Chemicals Ltd - India
  • VISA Power Limited - India
  • Coalindo Energy - Indonesia
  • Indogreen Group - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Bhushan Steel Limited - India
  • MEC Coal - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Salva Resources Pvt Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Latin American Coal - Colombia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Sojitz Corporation - Japan
  • CCIC - Indonesia
  • OCBC - Singapore
  • Panama Canal Authority
  • Miang Besar Coal Terminal - Indonesia
  • Global Business Power Corporation, Philippines
  • GNFC Limited - India
  • Indika Energy - Indonesia
  • SASOL - South Africa
  • Rio Tinto Coal - Australia
  • TRAFIGURA, South Korea
  • Gresik Semen - Indonesia
  • SRK Consulting
  • LBH Netherlands Bv - Netherlands
  • Tata Power - India
  • SN Aboitiz Power Inc, Philippines
  • Maruti Cements - India
  • JPMorgan - India
  • Energy Link Ltd, New Zealand
  • Pinang Coal Indonesia
  • Peabody Energy - USA
  • CNBM International Corporation - China
  • Mercator Lines Limited - India
  • The Treasury - Australian Government
  • Indo Tambangraya Megah - Indonesia
  • Moodys - Singapore
  • Maybank - Singapore
  • Vitol - Bahrain
  • San Jose City I Power Corp, Philippines
  • ANZ Bank - Australia
  • Kartika Selabumi Mining - Indonesia
  • Reliance Power - India
  • Humpuss - Indonesia
  • Heidelberg Cement - Germany
  • Vedanta Resources Plc - India
  • Kaltim Prima Coal - Indonesia
  • Merrill Lynch Bank
  • CoalTek, United States
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Thomson Reuters GRC
  • Directorate Of Revenue Intelligence - India
  • PNOC Exploration Corporation - Philippines
  • Lanco Infratech Ltd - India
  • Intertek Mineral Services - Indonesia
  • Barasentosa Lestari - Indonesia
  • Essar Steel Hazira Ltd - India
  • KOWEPO - South Korea
  • Vijayanagar Sugar Pvt Ltd - India
  • Rudhra Energy - India
  • Maersk Broker
  • Inco-Indonesia
  • Petron Corporation, Philippines
  • Semirara Mining and Power Corporation, Philippines
  • Mechel - Russia
  • ACC Limited - India
  • Georgia Ports Authority, United States
  • Kobe Steel Ltd - Japan
  • KEPCO - South Korea
  • Aditya Birla Group - India
  • Kalimantan Lumbung Energi - Indonesia
  • Runge Indonesia
  • Standard Chartered Bank - UAE
  • BNP Paribas - Singapore
  • Idemitsu - Japan
  • Indorama - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • Asmin Koalindo Tuhup - Indonesia
  • Barclays Capital - USA
  • EIA - United States
  • U S Energy Resources
  • World Bank
  • Straits Asia Resources Limited - Singapore
  • Altura Mining Limited, Indonesia
  • SUEK AG - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Platts
  • GMR Energy Limited - India
  • Argus Media - Singapore
  • Electricity Generating Authority of Thailand
  • Karaikal Port Pvt Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Toyota Tsusho Corporation, Japan
  • Gupta Coal India Ltd
  • Indonesian Coal Mining Association
  • Australian Commodity Traders Exchange
  • Indian School of Mines
  • TNB Fuel Sdn Bhd - Malaysia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Berau Coal - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Samtan Co., Ltd - South Korea
  • Sucofindo - Indonesia
  • South Luzon Thermal Energy Corporation
  • Ind-Barath Power Infra Limited - India
  • Simpson Spence & Young - Indonesia
  • Baramulti Group, Indonesia
  • Russian Coal LLC
  • Energy Development Corp, Philippines
  • Mitra SK Pvt Ltd - India
  • Aboitiz Power Corporation - Philippines
  • TeaM Sual Corporation - Philippines
  • Bank of America
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Asia Cement - Taiwan
  • Sinarmas Energy and Mining - Indonesia
  • Qatrana Cement - Jordan
  • TGV SRAAC LIMITED, India
  • Eastern Energy - Thailand
  • Grasim Industreis Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • Cosco
  • Geoservices-GeoAssay Lab
  • Parliament of New Zealand
  • Clarksons - UK
  • Singapore Mercantile Exchange
  • Bharathi Cement Corporation - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Price Waterhouse Coopers - Russia
  • Vale Mozambique
  • IBC Asia (S) Pte Ltd
  • TNPL - India
  • Coastal Gujarat Power Limited - India
  • Binh Thuan Hamico - Vietnam
  • Vizag Seaport Private Limited - India
  • Videocon Industries ltd - India
  • Enel Italy
  • World Coal - UK
  • bp singapore
  • Freeport Indonesia
  • Bank of China, Malaysia
  • Indian Energy Exchange, India
  • UOB Asia (HK) Ltd
  • Merrill Lynch Commodities Europe
  • The India Cements Ltd
  • PowerSource Philippines DevCo
  • Thai Mozambique Logistica
  • Shenhua Group - China
  • Dalmia Cement Bharat India
  • Adani Power Ltd - India
  • Semirara Mining Corp, Philippines
  • JPower - Japan
  • Directorate General of MIneral and Coal - Indonesia
  • Thailand Anthracite
  • Marubeni Corporation - India
  • European Bulk Services B.V. - Netherlands
  • Coeclerici Indonesia
  • Jindal Steel & Power Ltd - India
  • Eastern Coal Council - USA
  • Leighton Contractors Pty Ltd - Australia
  • SMC Global Power, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Jaiprakash Power Ventures ltd
  • Bhatia International Limited - India
  • Star Paper Mills Limited - India
  • PLN - Indonesia
  • SMG Consultants - Indonesia
  • Economic Council, Georgia
  • Iligan Light & Power Inc, Philippines
  • Chettinad Cement Corporation Ltd - India