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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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Wednesday, 03 February 16
DRY BULK MARKET CONTINUES TO BE UNDER PRESSURE - INTERMODAL
The Dry Bulk market continues to be under pressure, with the BDI remaining in search of even the slightest support, which seems to be delaying more ...
Tuesday, 02 February 16
RECORD EXPORTS THROUGH SOUTH AFRICA'S RICHARDS BAY COAL TERMINAL MADE AT EXPENSE OF SMALLER RIVALS, IHS SAYS
Five percent increase in coal exports through South Africa’s dominant Richards Bay Coal Terminal in 2015 unlikely to accelerate country&rsquo ...
Tuesday, 02 February 16
SETTING ASIDE, STRIKING OUT AND APPEALS TO THE COURT OF APPEAL IN SHIP ARRESTS - RAJAH & TANN ASIA LLP
KNOWLEDGE TO ELEVATE
The Singapore Court of Appeal once again has had to grapple with ship arrest, setting aside and appeals to the Court unde ...
Monday, 01 February 16
DRY BULK SUFFERS FROM POSEIDON'S POTENT PRONGS - CLARKSONS
It has been a grim start to 2016 for the bulkcarrier market, with the Baltic Dry Index sliding to new record lows on almost every day of the year s ...
Monday, 01 February 16
INDONESIA'S SECOND LARGEST COAL MINER ADARO ENERGY HAS PRODUCED 51.46 MT IN 2015; 8% LOWER COMPARED TO FY14
COALspot.com: Adaro Energy, the Indonesia’s second largest coal producer by volume has produced 51.46 Mt in 2015, 8% lower compared to ...
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- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Planning Commission, India
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
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