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Monday, 23 March 15
SEABORNE WORLD COAL TRADE: GROWTH +5% - GERMAN COAL IMPORTER ASSOCIATION
 Hard Coal Market 2014: Despite The Energy Turnaround, Hard Coal Imports To Germany Rise By More Than 6%, Although Hard Coal-Fired Power Generation Declines (Part 2) . To read part 1 click here
The German Coal Importer Association (VDKi) has prepared the initial consolidated estimates for the global, European and German hard coal market for all of 2014. Although the growth of production globally stagnated with around 7.2bn tonnes, the seaborne trade growth increased by 5% compared to 2013. Hard coal imports to Germany reached an all-time high at 56m tonnes.
According to a report from Germany Trade & Invest of 09/03/2015 (www.gtai.de), Russian coal exporters enjoyed substantial financial advantages from the devaluation of the ruble because the industry’s own costs on a US dollar basis declined by 50% in 2014 while revenues from coal exports in rubles rose by 30%. Furthermore, a Citibank study showing that own costs in coal mining in Russia are lower than anywhere else except in Indonesia was cited.
Seaborne world coal trade: growth +5%
According to VDKi calculations, seaborne hard coal trade once again rose by 1.2bn tonnes (5%) in 2014over 2013, thereof about 900m tonnes in steam coal and about 300m tonnes in coking coal. The cooling-off of the economy in China was the primary reason for the lower growth in comparison with the previous years.
However, significant shifts are also becoming apparent within the exporting countries:
- Although China imported in total about 13m tonnes less coking coal and 23m tonnes less steam coal (including lignite and anthracite) from the world market as a way to protect the oversupply of the domestic market, the VDKi estimates show that Australia’s hard coal exports in 2014 rose both in total and to China. Worldwide, Australia exported about 386m tonnes, almost 8% more than in 2013, thereof 201m tonnes of steam coal and 185m tonnes of coking coal. Australia’s coking coal exports to China also increased by 0.8m tonnes to over 46m tonnes. As a consequence of the slight increase in coking coal exports and the simultaneous reduction in exports from the USA and Canada to China, Australia was able to increase its market share in this country. Australia was also able to increase its steam coal exports to China by 10% to 47m tonnes. Australia increased volumes over the previous year in its exports to India (+12m tonnes to a total of 46m tonnes), South Korea (+5m tonnes to about 55m tonnes) and Taiwan (+2.7m tonnes to about 30m tonnes).
- In Russia, coal exports increased by 6m tonnes (4%) to 132m tonnes, in South Africa by 3m tonnes to 76.4m tonnes (whereby India alone increased its imports from South Africa by almost 10m tonnes to about 30m tonnes) and in Colombia exports rose by about 1.3m tonnes to 74.9m tones.
- Preliminary estimates by the VDKi show that in 2014 Indonesia increased its hard coal exports (excluding lignite) by about 10m tonnes to 359m tonnes. Measured against the previous years, however, growth was substantially slower.
- Total exports of hard coal from the USA fell for the first time since 2010 back under 91m tonnes and amounted to 88m tonnes, according to information from the Energy Information Administration (EIA). Exports of hard coal to the EU 28 fell by 15% from 46m tonnes in 2013 to 39.2m tonnes in 2014. The primary cause is the low price level, which for many mines was too low and for some mines did not even cover production costs. (The German Coal Importer Association (VDKi) )
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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Australian Coal Association
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
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