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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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Wednesday, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
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- Maheswari Brothers Coal Limited - India
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- Global Business Power Corporation, Philippines
- Parliament of New Zealand
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- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
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- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
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- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
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- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
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- White Energy Company Limited
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- Parry Sugars Refinery, India
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- Electricity Authority, New Zealand
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- Central Electricity Authority - India
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- Globalindo Alam Lestari - Indonesia
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- Bhushan Steel Limited - India
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- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Minerals Council of Australia
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- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
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- McConnell Dowell - Australia
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- Deloitte Consulting - India
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- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
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- Meenaskhi Energy Private Limited - India
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- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
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- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
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- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
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- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Sical Logistics Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
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- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
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