We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
 Fitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high, even as they moderate from unprecedented levels in 2022. This should keep net leverage at manageable levels for most Fitch-rated entities, supporting adequate rating headroom.
We forecast the sector’s median EBITDA-based net leverage to remain low at 0.5x in 2023 (2022: 0.3x), underpinned by strong earnings, with coal prices staying above pre-2022 levels. Cash outlays are likely to be driven by diversification-related investments, with some miners initiating projects to move away from thermal coal amid investors’ heightened ESG concerns and tightening funding access. Nevertheless, most entities have sufficient cash buffers to support these investments. We expect capex requirements at most entities, except at PT ABM Investama Tbk (B+/Stable), to remain low, as none have major growth plans.
We also expect entities with a high accumulated cash balance to continue bond buy backs over the next 12 months, taking advantage of price discounts on their bonds to reduce debt and interest expenses. We believe the buy backs will lower refinancing requirements and improve companies’ financial flexibility amid the sector’s evolving funding access due to environmental considerations.
Source: Fitch Ratings
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 03 November 22
HANDYSIZE VALUES MOVING UP IN OCTOBER, WHILE LNG VALUES SKYROCKET - VESSELSVALUE
Handysize values have increased this month across most ages, following a period of decline. Values for generic 10 year old Handysizes have moved up ...
Thursday, 03 November 22
EUROPEAN GAS SUPPLY SURPLUS, NOVEMBER HBA DOWN TO US$ 308.2 PER TON - ESDM
European gas supply conditions have a major influence in determining fluctuations in the Reference Coal Price (HBA). The November 2022 HBA recorded ...
Wednesday, 02 November 22
MARKET INSIGHT - INTERMODAL
Only five weeks before western sanctions’ full effect, uncertainty over energy has markets and governments on the edge. What was initially th ...
Tuesday, 01 November 22
CHINA COAL TRADE DISRUPTED BY COVID OUTBREAKS AS WINTER LOOMS - REUTERS
China’s strict COVID-19 policy is constraining coal supplies and pushing up prices, industry officials and traders say, just weeks before the ...
Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
|
|
|
Showing 196 to 200 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- The University of Queensland
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Petron Corporation, Philippines
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
|
| |
| |
|