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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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- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- The University of Queensland
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
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