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

Wednesday, 06 May 20
COST CHALLENGES IN A US$20/BBL WORLD - WOOD MACKENZIE
A new approach is needed to ensure supply sector resilience How will US$20/bbl affect the oil and gas supply chain? It’s going to g ...


Wednesday, 06 May 20
MARKET INSIGHT - INTERMODAL
It comes as no surprise that activity in the dry bulk SnP market remains soft, with asset values caught in the downward spiral generated by the Cov ...


Wednesday, 06 May 20
FLOATING STORAGE OF OIL CARGOES - STANDARD CLUB
KNOWLEDGE TO ELEVATE   Due to a combination of circumstances there is now a worldwide shortage of storage space ashore for both unrefi ...


Wednesday, 06 May 20
IRON ORE TRADE REMAINS REMARKABLY RESILIENT THIS YEAR, AT LEAST IN ASIA - BANCHERO COSTA
Iron ore trade remains remarkably resilient this year, at least in Asia, despite the global economic impact from COVID-19. In the first 4 months of ...


Tuesday, 05 May 20
SUPRAMAXES: YTD SLIDE HAS BEEN 45%, WITH THE AVERAGE FOR 2020 TCA HOLDING AT US$5,793 - ALLIED
It has been almost three months since the WHO officially categorized the current coronavirus outbreak as a global pandemic, an outbreak that has br ...


   196 197 198 199 200   
Showing 986 to 990 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 ...

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