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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, 18 December 15
WHEN IS A MASTER ENTITLED TO REFUSE DAMAGED CARGO? A REMINDER - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreeme ...
Friday, 18 December 15
CHINA GROWTH SHOCK TO HIT ENERGY, SHIPPING, STEEL MOST - FITCH
Energy, shipping and steel would be the hardest-hit sectors in Asia-Pacific (APAC) in the event of a sharp slowdown in Chinese growth, says Fitch R ...
Friday, 18 December 15
WEEKLY U.S. COAL PRODUCTION REMAINS FLAT ACROSS ALL BASINS
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.1 million shor ...
Thursday, 17 December 15
THE LOW DEMAND AND EXCESS COAL OUTPUT, KEEP THE FOB INDONESIA COAL SWAPS UNDER PRESSURE
COALspot.com: Indonesian coal swap for delivery Q1 2016 rose month on month and decline slightly week over week. For the week ended December 11, 20 ...
Wednesday, 16 December 15
FOB RICHARDS BAY COAL SWAP SLUMP 5.5% FROM LAST MONTH
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
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- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- GMR Energy Limited - India
- The University of Queensland
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Mercator Lines Limited - India
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