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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
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