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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, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...
Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...
Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...
Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...
Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...
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- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
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