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Sunday, 01 November 20
GRADUAL RECOVERY FOR INDONESIAN COAL FROM 4Q20; RISKS REMAIN - FITCH RATINGS
 Fitch Ratings expects the credit metrics of Indonesian coal miners and coal contractors to improve from 4Q20 with the recovery in volumes and prices. Fitch also expects the recovery to continue into 2021, as we do not envisage a second round of strict lockdowns.
Fitch has revised its full-year coal-price assumptions, and also assumes lower volumes of 84%-89% of 2019 levels in 2020, reflecting weaker seaborne coal demand, before recovering gradually in 2021. There are further downside risks to volumes beyond our estimates, from a sustained weakness in coal prices.
Fitch also said, credit metrics of most Indonesian miners and contractors are likely to decline in 2020 close to - or beyond - our negative rating action triggers, affected by lower profitability and weaker volumes before recovering in 2021. Recurring sporadic lockdowns are likely to delay revival in economic growth, and in turn hurt demand for coal in key import markets.
Fitch also said, we envisage the ratings on most of the Indonesian coal companies to be at risk if the current weak coal price and demand environment continues into 2021. PT Bukit Makmur Mandiri Utama (BUMA, BB-), PT ABM Investama Tbk (ABM, B+) and PT Indika Energy Tbk (Indika, BB-), which are currently on Negative Outlook, are the most prone to a rating downgrade.
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Wednesday, 02 December 20
INDONESIA CONSIDERING CLOSING 3,400MW SURALAYA COAL PLANT - THE JAKARTA POST
The government is considering to shut down the aging Suralaya coal-fired power plant (PLTU) in Cilegon, Banten, and replace it with green energy, a ...
Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner& ...
Thursday, 26 November 20
DECLINE IN COAL EXPORTS ADDS TO NAVAJO-OWNED COMPANY'S PROBLEMS - IEEFA U.S.
Weak demand and low prices are likely creating steep losses for NTEC
U.S. coal exports to Asia—once heralded as the saving gra ...
Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping ...
Wednesday, 25 November 20
LIBOR REPLACEMENT AND SHIP FINANCE - WHERE IS IT HEADING? - WFW
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. Th ...
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Showing 721 to 725 news of total 6871 |
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- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
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