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Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were supporting strong cash inflows.
Global coal prices have been touching near record highs, following fears of a supply crunch due to Western sanctions on Russia, the world’s third-largest exporter of coal, due to the Ukraine crisis.
The planned prepayment is part of the miner’s repayment towards its syndicated facility and its related-party loans, Yancoal said in a statement, leaving the miner with a $333 million syndicated term loan as its only remaining payable debt.
Of this, $301 million is due in the second half of 2024 and $32 million is due in the second half of 2026.
“Yancoal’s scale of production provides substantial cash inflows during periods of elevated coal prices, and the decision to undertake yet another debt prepayment was made possible by the recent coal price,” Yancoal Chief Executive Officer David Moult said.
Combined with debt prepayments in October 2021, July 2022 and October 2022, the planned $459 million debt prepayment will result in the miner having prepaid over $2.75 billion of debt in the last 15 months, the company said.
Source: Reuters
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Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
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- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- MS Steel International - UAE
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
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