We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 06 August 22
SUMITOMO Q1 PROFIT RISES 45% ON STRONGER PRICES OF COAL, NICKEL - REUTERS
Japanese trading house Sumitomo Corp 8053.T said on Wednesday its net profit for the April-June quarter rose 45% to a record thanks to higher prices of commodities such as coal and nickel as well as strong demand for steel products in North America.
Net profit for the three months climbed to a record 155.2 billion yen ($1.2 billion) from 107.3 billion yen a year earlier, but the company stuck to its annual profit forecast of 370 billion yen.
“Earnings from both resource and non-resource businesses have been stronger than anticipated earlier,” Sumitomo Chief Financial Officer Reiji Morooka told a news conference, adding that it may raise its profit guidance.
“On the other hand, the risk of a global economic slowdown and other uncertainties are increasing, and we will closely examine full-year forecasts going forward,” he said.
Sumitomo expects nickel production at its Ambatovy project in Madagascar to achieve its initial target of about 40,000 tonnes this financial year to March 31, after producing about 8,000 tonnes in the first quarter.
Increased oil and gas drilling activities in North America have also supported its steel pipe business in the April-June quarter and the company sees robust demand in pipes continuing through next March, Morooka said.
Asked whether Sumitomo expects any change in its business strategy in China amid rising tensions between China and Taiwan as well as China and the United States following U.S. House Speaker Nancy Pelosi’s visit to Taiwan, Morooka said no change is planned.
“It has become a major issue for us to think of how to deal with the heightened geopolitical risks triggered by not only the U.S.-China issue but also the Russia-Ukraine conflict,” Morooka said.
“We will pay close attention to the (U.S.-China) situation with high interest,” he said.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 16 September 22
WHEN IS A VESSEL'S INCOME EARNING CAPACITY AT RISK? 'CONTROLLED INCOME CAN BE A KEY OF SUCCESS' - MARASCO MARINE
Managing marine risks is not an easy task, which requires special knowledge and expertise on the subject per se. Customarily, big ship management c ...
Friday, 16 September 22
DRY BULK MARKET: EU’S BAN ON RUSSIAN COAL LIFTS DEMAND DESPITE ECONOMIC HEADWINDS - BIMCO
Highlights
– The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply as lower Chinese demand and adverse glob ...
Friday, 16 September 22
BIMCO EMBARKS ON NEW STANDARD FOR “QUIET ENJOYMENT”
KNOWLEDGE TO ELEVATE
A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing i ...
Friday, 16 September 22
INDIAN COAL PRODUCTION TO RISE 150 PER CENT IN 10 YEARS: CENTRE - EXPRESS NEWS SERVICE
The Union Ministry of Mines is expecting 150 per cent growth in coal production 10 years down the line as a result of coal reforms that had been us ...
Thursday, 15 September 22
MARKET INSIGHT - INTERMODAL
While the Organization of Petroleum Exporting Countries and its allies agreed on a 100,000 b/d output cut last week, oil flows are in the spotlight ...
|
|
|
Showing 236 to 240 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- The University of Queensland
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Aditya Birla Group - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
|
| |
| |
|
