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Thursday, 17 December 15
GLADSTONE PORT COAL RECORD LOOMING, EXPORTS UP 12% - GLADSTONE OBSERVER
 COAL exports from Gladstone's port have taken a leap, with more than seven million tonnes leaving the wharves in November.
That increase is 12% ahead of October's tonnage when 5.94 million tonnes were exported. The November total was 7.2 million.
Shipping destinations China, Japan and South Korea increased their purchases during the month.
Gladstone Ports Corporation chief executive officer Craig Doyle said it was almost certain the port would export record tonnage by the end of the financial year, at the end of June 2016.
"We are in a similar position to where we have been for the last couple of years," he said. "Our tonnage is above plan at this stage of the year and, with the Wiggins Island Export Coal Terminal continuing to ramp up, we can expect to see more than 70 million tonnes go through the port before the end of June.
"Volume is our friend.
"Our customers are long-held customers and they are working their way through the slump in coal prices by increasing production.
"They have fixed costs and increased production helps improve profitability.
"It's a far greater problem for new mines trying to open up as the start-up costs are significant."
Mr Doyle said there would always be a demand for coal from Queensland mines because of its higher quality and energy efficiency in comparison to the coal from countries we export to.
The port exported 66.5 million tonnes of coal from January to November, an increase from the 64.2 million tonnes for the same period in 2014.
Japan was the port's main customer for the month, picking up 2.08 million tonnes, an increase of 23% from October.
South Korean buyers took delivery of 1.8 million tonnes, up 28% from the October level.
The country has been increasing its coal purchases from Gladstone this year with its January to November uptake 10.9 million tonnes against nine million for the same period last year.
China exports have increased by 26% in November to 1.2 million tonnes against 956,000 tonnes in October.
However, the export figures to China were well down in the January-November period at 10.8 million tonnes against the 2014 figure of 15.33 million tonnes.
Exports to India have also slowed to 1.13 million tonnes, 11.5% down from the October figure of 1.28 million.
However, exports to India were the port's second largest for the year, with 13.46 million tonnes between January and November, against 11.8 million in the same period in 2014.
Source: Gladstone Observer
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Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...
Friday, 12 February 16
COAL PRICES ARE EXPECTED TO DECLINE 13% IN 2016 TO $50 ATON, ON CONTINUED WEAK DEMAND AND OVERSUPPLY - WORLD BANK
COALspot.com: Thermal coal prices fell 9 percent in the fourth quarter on continued weak demand, high stocks, and surplus production, World Bank sa ...
Friday, 12 February 16
U.S. COAL PRODUCTION OFF 5.4% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.9 million shor ...
Thursday, 11 February 16
GLOBAL NEWBUILDING ORDERBOOK IS SHRINKING ON A DAILY BASIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2016 has started right where 2015 left off when it comes to newbuilding ordering activity, i.e. there are slim pickings to be had from shipyards ar ...
Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials ...
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- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- The University of Queensland
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
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