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Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short tons (mmst) of coal in a week (For the week ended September 24, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 2.3% lower than last week's estimate and 11.8% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.9 mmst (up 1.72% week over week) and west of the Mississippi River produced totalled an estimated 10.3 mmst (down 4.85% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 29, 2016.
U.S. year-to-date (as of September 24, 2016) coal production totalled an estimated 523.8 mmst, 22.3% lower than the comparable year-to-date coal production in 2015.
According to EIA, U.S. coal production in August was 71 million short tons (MMst), an 6 MMst (9%) increase from the previous month but 12 MMst (14%) lower than in August 2015. In 2016, coal production is expected to decrease by 164 MMst (18%), which would be the largest decline in terms of both tons and percentage since at least 1949.
U.S's domestic coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 64 MMst (9%) in 2016, says
EIA in its recent report.
EIA, further noted that, the decline is a result of both competition with low-priced natural gas and relatively mild weather in the first half of 2016 that reduced overall electricity generation.
Coal Exports
According to EIA's Quarterly Coal Report, the first quarter 2016 U.S. coal exports (14.2 million short tons) decreased 7.5% from fourth quarter 2015 and decreased 35.6% from first quarter 2015. However, the EIA’s Short-term energy outlook noted that, U.S. Coal exports in June 2016 were 1 MMst (29%) higher than in the previous month, but exports for the first six months of 2016 were 32% (13 MMst) lower than the amount exported in the first half of 2015.
EIA forecasts that, the U.S. coal exports to decline by 19 MMst (25%) in 2016 to 55 MMst, the lowest level in 10 years. Exports are expected to decline by 4 MMst (8%) in 2017.
Coal Imports
EIA further says in its Quarterly Coal Report, continued to import coal primarily from Colombia (81.2%), Canada (8.9%), and Indonesia (7.4%). U.S. coal imports in first quarter 2016 totaled 2.7 million short tons. The average price of U.S. coal imports during the first quarter 2016 was $63.97 per short ton.
Source: EIA
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Thursday, 16 February 17
IF I PLAN TO UNDERTAKE A CHARTERPARTY WITH AN UNFAMILIAR ENTITY, WHAT STEPS CAN I TAKE TO ENSURE THE CHARTERER WILL PAY THEIR HIRE? - SHIPOWNERS' CLUB
KNOWLEDGE TO ELEVATE
Due to the difficult conditions currently existing in the shipping market, particularly in the offshore sector, Members a ...
Wednesday, 15 February 17
SHIPPING MARKET INSIGHT - INTERMODAL
Looking at the state of the Dry Bulk market exactly a year ago, there is no doubt that there is a significant improvement and despite the fact that ...
Tuesday, 14 February 17
OPTIMISM HAS STARTED TO SLOWLY FLOW BACK INTO THE DRY BULK MARKET - GEORGE LAZARIDIS
Optimism has started to slowly flow back into the dry bulk market, with many in the market showing renewed optimism as the Pacific basin starts to ...
Monday, 13 February 17
COMBINED COAL SALES OF BUMI RESOURCES ROSE TO 87.7 MILLION TONS IN FY'16; UP 10.6 PERCENT Y/Y
COALspot.com: Combined Coal Sales of Bumi Resources rose to 87.7 million tons in FY’16 compared with 79.3 million tons in FY’15. ...
Monday, 13 February 17
THE FREIGHT MARKET CONTINUED TO TUMBLE IN FEBRUARY
COALspot.com: The Freight market was continued its downfall in all segments except Panamax for the week ending 10 February 2017.
The Balt ...
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- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- The University of Queensland
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Bhatia International Limited - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
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