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Monday, 11 June 18
AUSTRALIAN COAL PRICES HIT 6-YEAR HIGH AS ASIA DEMAND SPIKES - REUTERS
 Australian thermal coal prices have risen to their highest level since 2012 as hot weather across North Asia spurs buying ahead of the peak summer demand season.
Spot prices for thermal coal cargoes for export from Australia’s Newcastle terminal last closed at $115.25 per tonne, the highest level since February 2012.
Thermal coal, the world’s most used fuel for electricity generation, has surged by 130 percent since its record lows below $50 per tonne in 2016 following a years-long decline.
Prices have been driven up by economic growth, especially in Asia, along with constraints on supply due to earlier mine closures and high hurdles to developing new mines amid concerns about pollution and global warming.
In recent weeks, a heat-wave in North Asia and restocking ahead of the hottest summer months in July and August have led to soaring demand for both residential and industrial cooling, traders said.
Weather data in Thomson Reuters Eikon shows that large parts of North Asia, including cities like Beijing and Tokyo have experienced unusually warm weather since late May.
TRAFFIC JAM
Supply disruptions from South African miners have also pushed up Newcastle prices, as buyers shifted towards Australia to meet demand.
“Supply is tight out of Australia. What has also happened is exports out of South Africa are down… That opens up the market for more Australian coal into Asia,” said Shane Stephan, Managing Director at New Hope, Australia’s third largest independent coal producer.
The increased demand for the North Asian summer has led to a traffic-jam of dozens of ships waiting at Newcastle to load coal.
“You are seeing some real competition for access to thermal coal during this restocking phase in Asia,” Stephan said. “I suspect that pricing could go a little higher yet.”
The bull-run is providing Australian coal miners like New Hope and Whitehaven Coal with a revenue boost in an industry that is being increasingly shunned by investors because of its high levels of pollution.
New Hope shares have more than doubled from their 2016 lows, to around A$2 a share, while Whitehaven shares have jumped 16-fold from their 2016 lows, to almost A$6.
Australian coal miners like Whitehaven and New Hope have far outperformed even companies specialising in the booming liquefied natural gas (LNG) market, such as Australia’s Santos Ltd, which in May rejected a $10.8 billion takeover offer.
Source: Reuters
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Wednesday, 13 June 18
SHIPPING MARKET INSIGHT - SOPHIE COTZIAS
2018 marks quite a few milestones for Greek Shipping. No need to detail again the greatness of Greek Shipping or the singular position that Greek s ...
Monday, 11 June 18
ANALYSING A NEW AGE OF AUTONOMOUS VESSELS - IMO
The International Maritime Organization answers the questions of Government Europa on how the next generation of autonomous vessels can be regulate ...
Friday, 08 June 18
AUSTRALIAN THERMAL COAL PRICES SURGE AS ASIA DEMAND HEATS UP - REUTERS
Australian thermal coal prices have hit their highest level since late 2016 as the market heats up on strong demand across North Asia and China in ...
Wednesday, 06 June 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
As observed last month the price of oil hit its highest level since November 2014 reaching $80 per barrel. Global oil demand growth for 2018 was sl ...
Tuesday, 05 June 18
SOUTH KOREA'S SULPHUR CAP ALTERS ASIAN COAL MARKET DYNAMICS: RUSSELL
South Korea’s imposition of a strict sulphur cap on its imported coal is likely to cause ripples across Asia’s markets for the pollutin ...
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- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- PTC India Limited - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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