We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 27 January 16
WORLD HARD COAL PRODUCTION AND CONSUMPTION DECLINE IN 2015 FOR THE FIRST TIME IN OVER A DECADE - VDKI
 COALspot.com: Seaborne hard coal trade and the changes in this area were decisively affected by China and India - VDKi.
China bears the greatest responsibility for the decline; it reduced its coal imports by 73 million tonnes (over 30%) in support of its own coal mining industry. When the import duty of 6% on steam coal comes to an end in February 2016 because of the entry into force of the trade treaty with China, however, the export situation might brighten, at least for Australia, said German Coal Importers Association (VDKi) in its latest press release.
According to German Coal Importer Association (VDKi), the production of hard coal (coking coal and steam coal), reported as steady for more than a decade, has presumably not only come to a standstill, but is in fact declining for the first time.
The VDKi estimates that worldwide production decreased by about 150 million to 200 million tonnes to 7 billion tonnes and that the seaborne hard coal trade fell by 50 million tonnes to 1.12 billion tonnes.
- Output fell by 110 million tonnes in China and by 70 million tonnes in the USA.
- Australia and India were able to maintain respectively even increase significantly the level of production of steam coal.
- Indonesia was unable, for many different reasons, to continue the increase in the production of steam coal of previous years; instead, the output of hard coal and lignite was reduced by 11% to 408 million tonnes.
VDKi further noted that, a significant shifts are also becoming apparent within the exporting countries:
- Australia was able to maintain its exports of 386 million tonnes at a level comparable to the previous year while South Africa stayed at 76 million tonnes in exports. Russia raised its exports by 7 million tonnes (5%) to 150 million tonnes, and Colombia increased its exports by 2.5 million tonnes to 79 million tonnes. The devaluation of the Russian ruble and the Colombian peso played a supportive role here.
- On the other hand, preliminary figures of the VDKi showed that Indonesia reduced exports by 32 million tonnes to 325 million tonnes and the USA lowered its exports by 17 million tonnes (20%) to about 65 million tonnes.
With the exception of a short period of relief, VDKi says, the world market prices for hard coal continued their slide of the last five years.
Their high point of the last year was in February 2015, when prices for steam coal posted a little over US$63 per tonne CIF ARA, and the low point (for the moment) was in December (just under US$50). In the middle of December one year before, a tonne of steam coal cost US$72, about 30% more than today.
Prices for deliveries in February and March 2016 are already under US$50, the downward trend has continued in this year, concluded German Coal Importer Association
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 01 March 16
CAN BULKCARRIER SUPPLY CUTS RESTORE SOME BALANCE? - CLARKSONS
The easing in bulkcarrier deliveries and the accelerated pace of demolition in recent years has seen bulkcarrier fleet growth slow from a rapid 17% ...
Monday, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...
Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE
A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...
Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...
|
|
|
Showing 2546 to 2550 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
|
| |
| |
|
