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Monday, 08 August 16
THE TURKISH GOVERNMENT HAS IMPOSED A $15 A TON DUTY ON POWER PLANT COAL IMPORTS - MEDIA
 COALspot.com: The Turkish government has imposed a US$15 per ton duty on thermal coal imports for use in its power sector.
According to media reports, the tax is to be paid by power producers and is levied on a GAR-basis for imported coal and EU-suppliers are exempt from the duty.
The Turkey is importing most of the coal from Colombia, market reports say.
According to Wood Mackenzie, the law is an attempt to curb imports and deliver a stronger contribution from Turkey's domestic market; however, given weak alternatives (poor domestic supply, more costly gas) we do not see an immediate impact.
The European Association for Coal and Lignite's report noted that, the Turkey has around 1.3 billion tonnes of hard coal and 13.9 billion tonnes of lignite reserves and resources, of which 0.5 billion tonnes and 13.4 billion tonnes respectively are proven reserves.
Turkey has imported around 31.5 million tons of coal in 2014 and produced around 41.8 million tons of lignite and 1.5 million tons of hard coal.
According to Euracoal, In 2015, the Turkish government approved the construction of three new coal-fired power plants, increasing capacity by 2 X480 MW and thermal coal imports by 6.2 Mt/year. Filiz Enerji was given clearance for a 1 200 MW coal power plant in Canakkale, on the Aegean coast, consuming 3 Mt/year.
Atakas Energy received approval for a 680 MW power plant at Iskenderun, on the Mediterranean coast, adding about 1.7 Mt/year. Finally, IC Ictas Energy has permission for a 600 MW power plant, requiring about 1.5 Mt/year, near the city of Adana, in the south of the country.
In 2016, Tosyali Electricity received approval for another power plant at Iskenderun, of 1 200 MW, based on 3 Mt of imported thermal coal, EURACOAL's data shows.
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Friday, 01 July 16
BREXIT SET TO HURT SHIPPING IN THE LONG-TERM AS IT WILL TAKE ITS TOLL IN THE GLOBAL ECONOMY'S GROWTH - HELLENIC SHIPPING
Setting aside the short-term negative impact of the Brexit, in terms of stock market and currency volatility, it’s more than evident that the ...
Friday, 01 July 16
U.S'S COAL EXPORTS HAVE DECLINED FOR TWELVE QUARTERS IN A ROW - EIA
COALspot.com – U.S, world’s one of the largest coal producers has produced approximately totalled an estimated 13.7 million short t ...
Thursday, 30 June 16
CAPE - THIS WEEK'S FREIGHT AND ACTIVITY LEVEL HAVE KEPT STABLE - FEARNLEYS
Cape
This week’s freight and activity level have kept stable. It is support at the present levels and despite a volatile market the freight ...
Thursday, 30 June 16
OIL PRODUCT TANKERS EARNINGS DECLINE AS STOCKBUILDING SLOWS DOWN - BIMCO
BIMCO’s expectations remain as the oil product tanker fleet continues to grow with earnings at the lowest since Q3 in 2014. But there is stil ...
Wednesday, 29 June 16
THE DRY BULK INDICES, OPPOSITE TO MOST GLOBAL MARKET INDICES, ROSE END OF LAST WEEK
Last week closed off with a massive shockwave for markets across the world following the British referendum, the result of which will mark the begi ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Planning Commission, India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Thai Mozambique Logistica
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