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Thursday, 10 March 16
U.S. COAL EXPORTS DECLINED 23% IN 2015, AS COAL IMPORTS REMAINED STEADY
.jpg) COALspot.com: The United States remains a net exporter of coal, exporting 74.0 million short tons (MMst) and importing 11 MMst in 2015.
According to U.S Energy Information Administration (EIA), coal exports fell for the third consecutive year in 2015, ending the year 23 MMst lower than in 2014 and more than 50 MMst less than the record volume of coal exported in 2012.
Slower growth in world coal demand, lower international coal prices, and higher coal output in other coal-exporting countries contributed to the decline in U.S. coal exports. Lower mining costs, cheaper transportation costs, and favorable exchange rates (compared to the U.S. dollar) continue to provide an advantage to producers in other major coal-exporting countries such as Australia, Indonesia, Colombia, Russia, and South Africa.
EIA further reported that, one of the only increases in U.S. coal exports in 2015 was for exports to India, which increased by almost 2 MMst, bringing its share of U.S. coal exports to 9%, up from 5% in 2014. Coal exports to the rest of Asia fell. Europe has traditionally been a leading destination for coal exports, but exports were down 14.6 MMst (28%) in 2015.
U.S. coal exports are mainly shipped from six customs districts that together accounted for 90% of U.S. exports in 2015. Norfolk, Virginia, the largest coal port, shipped 26.2 MMst of coal, accounting for 35% of total U.S. exports. Baltimore, Maryland, was the only major customs district (districts that generally export more than 1 MMst of coal annually) to increase exports in 2015, largely driven by increased exports to India.
While, U.S. coal imports totaled 11.3 MMst in 2015, the same as in 2014, with 85% of imports being steam coal that is primarily used to generate electricity, said EIA. Although the amount of imports did not change in 2015, the source and point of entry of these imports changed from 2014. The biggest changes in the origin of U.S. imports involved imports from Colombia and Indonesia, which increased by 8% and decreased by 42%, respectively. Colombian coal is highly competitive with domestic coal at power generators located along the Gulf of Mexico and southern Atlantic coasts. Metallurgical coal, which is used in the steelmaking process, was primarily imported from Canada.
Tampa, Florida, overtook Mobile, Alabama, to become the largest recipient of coal imports in 2015. The closure of coal-fired electricity generators in New England led to a 41% (0.5 MMst) decrease in imports into the Boston, Massachusetts, customs district. Increased Canadian imports drove the increase of imports (0.1 MMst, 55%) into the Portland, Maine, custom district.
Imports into the Honolulu, Hawaii, custom district remained nearly unchanged as declines in Indonesian imports were offset by imports from Canada and Australia.
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Thursday, 07 April 16
PANAMAX RATES ARE FIRMING IN BOTH HEMISHEPHERES - FEARNLEYS
Capesize
With a great volume our of west Australia, rates were finally moving to upper 3's. and stabilizing towards the middle of the week in ...
Thursday, 07 April 16
BIMCO AND GIIGNL PUBLISH A GROUNDBREAKING VOYAGE CHARTER PARTY FOR LNG TRADE
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party & ...
Wednesday, 06 April 16
HOW LONG SHIPPING CRISIS WILL BE; WHEN SHOULD OWNERS EXPECT THE BULK CARRIERS TO BECOME PROFITABLE? - INTERMODAL
It is the consensus that dry bulk shipping has been in a crisis for quite some time now. Bulk carrier values are at historical low levels, therefor ...
Tuesday, 05 April 16
DRY BULK REVISITS 1980S LOWS AND FACES UNCERTAIN LONGER TERM OUTLOOK - MSI | HELLENIC SHIPPING NEWS
With the market near bottom, attention is turning to the length of the downturn, the effect on asset values and the impact of broader demand side c ...
Monday, 04 April 16
THE LOADING, AND SUBSEQUENT DISCHARGE, OF UNSAFE NICKEL ORE - ALL TIME TO 'COUNT' - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a recent, published, London arbitration award the English tribunal has held that all time lost as a result of loading, ...
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- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Indika Energy - Indonesia
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Planning Commission, India
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
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