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Friday, 02 November 18
CHINA: COAL CONSUMPTION POSTS STRONG GROWTH ON BACK OF POWER GENERATION DEMAND - CHINA DAILY
Coal ExcavatorChina’s energy consumption experienced continuous rebound during the first three quarters in 2018, National Energy Administration announced on Tuesday, releasing major statistics on coal, oil, natural gas and electricity consumption.
 
Coal consumption grew fast in the first three quarters, mostly driven by the growth of coal consumption for power generation. Coal consumed in electricity, steel, chemicals and construction material industries all increased, according to preliminary statistics, and coal used to produce electricity took up 53.9 percent of the total coal consumed during the period, about 2.3 percentage points higher than the same period of last year, the administration said.
 
Apparent consumption of oil in the first nine months of 2018 rose 3.4 percent year-on-year, while refined oil products consumption continued to grow at a low and medium speed, among which gasoline consumption increased slightly, diesel consumption remained stable, and kerosene consumption increased rapidly.
 
The apparent consumption of natural gas in the first three quarters increased 16.7 percent year on year, and the growth rate decreased 0.8 percentage points compared with that in last year.
 
Electricity consumption also rose rapidly. In the first three quarters, electricity consumed in China increased 8.9 percent year-on-year, and the growth rate increased 2 percentage points over that in last year, a record high in six years.
Source: China Daily


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Tuesday, 25 December 18
FUEL QUALITY AND SAFETY IN IMO CONVENTIONS: A GROWING CHALLENGE, EVEN PRIOR TO 1 JANUARY 2020 - IUMI
At the 100th session of the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meeting discussions on fuel quality a ...


Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
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Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...


Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...


Wednesday, 19 December 18
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The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...


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