COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Panamaxes and thus rates. Nonetheless, we believe imports will be supported by winter and high-energy demand in the first quarter of 2019.
 
In the first three quarters of 2018, China’s coal imports increased swiftly due to rising demand for power generation. Up to September, the country’s seaborne imports of coal and lignite totaled 169 million tonnes—an increase of 7.6% over the same period of 2017.
 
However, there is now a reversal of this trend, as the Chinese government is allowing only limited imports in the fourth quarter of 2018, so that total coal imports in the year do not exceed those of 2017.
 
In order to control imports, authorities are tightening port restrictions, which are in turn delaying custom clearance. The resultant drop in coal imports to China is detrimental for the employment of Panamaxes, and consequently the dry bulk freight market.
 
Due to weak imports, employment opportunities will be affected primarily on the Indonesia-China and Australia-China routes, as 97% of Chinese imports are sourced from Indonesia and Australia, while the remaining are from Canada, the US and Colombia.
 
China's seaborne coal and lignite imports
 
Regulation on imports dents employment of Panamaxes
The more stringent regulation on coal imports is adversely impacting vessel demand.
 
Given that the Chinese government intends to keep annual coal imports in 2018 equal to those of 2017, a mere 42 million tonnes of coal and lignite can be imported in the last quarter of 2018.
 
This will employ approximately 148 vessels — a loss of 41 vessels over those employed in fourth-quarter 2017.
 
A bearish outlook for Chinese coal imports and a consequent fall in the demand for Panamax vessels are undoubtedly influencing freight rates. In November voyage rates on Australia-China and Indonesia-China routes dropped by 10-12% on a monthly basis, with December also not looking promising as restrictions are unlikely to ease until 2019.
 
Drewry Voyage rates
 
Hope still exists
But we believe disruption in the Panamax market will be temporary as China’s imports should rise in the early months of 2019, as cold weather is likely to keep energy consumption high. Furthermore, low coal prices could lift imports of other major consumers such as India.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 04 January 19
FOCUS IS ON BOOSTING COAL PRODUCTION: INDIAN COAL MINISTER
The current focus of the government is on boosting production from operational coal mines, according to Minister for Coal, Piyush Goyal. ...


Thursday, 03 January 19
CAPESIZE: A MORE POSITIVE START OF THE NEW YEAR THAN EXPECTED FOR THE BIG SHIPS - FEARNLEYS
Capesize A more positive start of the new year than expected for the big ships, with average gains of  US$ 500/day posted on the first tra ...


Tuesday, 01 January 19
INDONESIA: COAL PRODUCTION EXPECTED TO EXCEED THIS YEAR'S TARGET - JP
Indonesian coal production reached 456 million tons up to Thursday or 94.02 percent of this year’s total target of 485 million tons, accordin ...


Monday, 31 December 18
THE INDONESIAN COAL MARKET Q1 '19 FORECAST: LOOKS DIRECTIONLESS - TRADER
The Indonesian coal market looks directionless, an International coal trader said when we asked him to give his forecast for 1Q' 2019.  ...


Monday, 31 December 18
GLOBAL COAL DEMAND GREW BY 1% IN 2017; GLOBAL COAL POWER GENERATION INCREASED BY OVER 250 TWH - IEA
After two years of decline, global coal demand grew by 1% in 2017 to 7585 Mt as stronger global economic growth increased both industrial output an ...


   300 301 302 303 304   
Showing 1506 to 1510 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Kepco SPC Power Corporation, Philippines
  • Mitra SK Pvt Ltd - India
  • SGS (Thailand) Limited
  • Malabar Cements Ltd - India
  • Coalindo Energy - Indonesia
  • Maruti Cements - India
  • Indika Energy - Indonesia
  • Indian Energy Exchange, India
  • Runge Indonesia
  • Bukit Makmur.PT - Indonesia
  • Cement Manufacturers Association - India
  • Kideco Jaya Agung - Indonesia
  • Georgia Ports Authority, United States
  • Dalmia Cement Bharat India
  • Globalindo Alam Lestari - Indonesia
  • SMG Consultants - Indonesia
  • Gresik Semen - Indonesia
  • Indian School of Mines
  • Ernst & Young Pvt. Ltd.
  • Bukit Asam (Persero) Tbk - Indonesia
  • Total Coal South Africa
  • Port Waratah Coal Services - Australia
  • Maersk Broker
  • IEA Clean Coal Centre - UK
  • Leighton Contractors Pty Ltd - Australia
  • Formosa Plastics Group - Taiwan
  • Holcim Trading Pte Ltd - Singapore
  • Iligan Light & Power Inc, Philippines
  • Commonwealth Bank - Australia
  • Fearnleys - India
  • Electricity Authority, New Zealand
  • ANZ Bank - Australia
  • Orica Mining Services - Indonesia
  • Merrill Lynch Bank
  • VISA Power Limited - India
  • IMC Shipping - Singapore
  • bp singapore
  • Deloitte Consulting - India
  • Platts
  • Krishnapatnam Port Company Ltd. - India
  • Ceylon Electricity Board - Sri Lanka
  • Energy Development Corp, Philippines
  • Vizag Seaport Private Limited - India
  • Coal Orbis AG
  • CoalTek, United States
  • Sarangani Energy Corporation, Philippines
  • Rudhra Energy - India
  • AsiaOL BioFuels Corp., Philippines
  • Riau Bara Harum - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Binh Thuan Hamico - Vietnam
  • Asmin Koalindo Tuhup - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mitsui
  • Therma Luzon, Inc, Philippines
  • Thriveni
  • Maybank - Singapore
  • Meenaskhi Energy Private Limited - India
  • South Luzon Thermal Energy Corporation
  • Madhucon Powers Ltd - India
  • Thiess Contractors Indonesia
  • Kartika Selabumi Mining - Indonesia
  • PNOC Exploration Corporation - Philippines
  • RBS Sempra - UK
  • Gupta Coal India Ltd
  • Savvy Resources Ltd - HongKong
  • Aditya Birla Group - India
  • SUEK AG - Indonesia
  • Planning Commission, India
  • Singapore Mercantile Exchange
  • Asian Development Bank
  • New Zealand Coal & Carbon
  • Sakthi Sugars Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Lafarge - France
  • Infraline Energy - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Parry Sugars Refinery, India
  • Neyveli Lignite Corporation Ltd, - India
  • Medco Energi Mining Internasional
  • Oldendorff Carriers - Singapore
  • CESC Limited - India
  • SMC Global Power, Philippines
  • TANGEDCO India
  • Australian Coal Association
  • Kapuas Tunggal Persada - Indonesia
  • Merrill Lynch Commodities Europe
  • Indian Oil Corporation Limited
  • Chettinad Cement Corporation Ltd - India
  • JPower - Japan
  • Ministry of Mines - Canada
  • Petrosea - Indonesia
  • Directorate Of Revenue Intelligence - India
  • GN Power Mariveles Coal Plant, Philippines
  • Independent Power Producers Association of India
  • Bharathi Cement Corporation - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Samsung - South Korea
  • Carbofer General Trading SA - India
  • Central Java Power - Indonesia
  • UOB Asia (HK) Ltd
  • BRS Brokers - Singapore
  • PLN - Indonesia
  • Jindal Steel & Power Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • ACC Limited - India
  • Global Business Power Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • ETA - Dubai
  • GVK Power & Infra Limited - India
  • Thai Mozambique Logistica
  • Credit Suisse - India
  • PetroVietnam Power Coal Import and Supply Company
  • Vijayanagar Sugar Pvt Ltd - India
  • Clarksons - UK
  • Star Paper Mills Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Kumho Petrochemical, South Korea
  • Eastern Coal Council - USA
  • Indo Tambangraya Megah - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Kobexindo Tractors - Indoneisa
  • Essar Steel Hazira Ltd - India
  • Ind-Barath Power Infra Limited - India
  • TNPL - India
  • Moodys - Singapore
  • Sinarmas Energy and Mining - Indonesia
  • Arutmin Indonesia
  • Straits Asia Resources Limited - Singapore
  • Freeport Indonesia
  • HSBC - Hong Kong
  • Africa Commodities Group - South Africa
  • ING Bank NV - Singapore
  • Maheswari Brothers Coal Limited - India
  • Wood Mackenzie - Singapore
  • J M Baxi & Co - India
  • Inspectorate - India
  • Agrawal Coal Company - India
  • Thermax Limited - India
  • GNFC Limited - India
  • Cardiff University - UK
  • CCIC - Indonesia
  • Bank of America
  • Central Electricity Authority - India
  • Siam City Cement - Thailand
  • Coal India Limited
  • Tanito Harum - Indonesia
  • World Coal - UK
  • IOL Indonesia
  • Argus Media - Singapore
  • PowerSource Philippines DevCo
  • Siam City Cement PLC, Thailand
  • PLN Batubara - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Xstrata Coal
  • Mechel - Russia
  • Jatenergy - Australia
  • Idemitsu - Japan
  • Permata Bank - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Malco - India
  • Kalimantan Lumbung Energi - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Global Coal Blending Company Limited - Australia
  • Bahari Cakrawala Sebuku - Indonesia
  • Cosco
  • GMR Energy Limited - India
  • Sree Jayajothi Cements Limited - India
  • Samtan Co., Ltd - South Korea
  • Adani Power Ltd - India
  • Coastal Gujarat Power Limited - India
  • Metalloyd Limited - United Kingdom
  • Coeclerici Indonesia
  • Vale Mozambique
  • Latin American Coal - Colombia
  • Economic Council, Georgia
  • Indogreen Group - Indonesia
  • Energy Link Ltd, New Zealand
  • Pendopo Energi Batubara - Indonesia
  • KOWEPO - South Korea
  • Bank of China, Malaysia
  • Tata Chemicals Ltd - India
  • Shenhua Group - China
  • Bangladesh Power Developement Board
  • Cargill India Pvt Ltd
  • Mitsubishi Corporation
  • Ministry of Finance - Indonesia
  • Simpson Spence & Young - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Kaltim Prima Coal - Indonesia
  • Russian Coal LLC
  • Adaro Indonesia
  • McConnell Dowell - Australia
  • SN Aboitiz Power Inc, Philippines
  • Mercuria Energy - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • ICICI Bank Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Sical Logistics Limited - India
  • Gujarat Sidhee Cement - India
  • Xindia Steels Limited - India
  • LBH Netherlands Bv - Netherlands
  • PTC India Limited - India
  • Sojitz Corporation - Japan
  • White Energy Company Limited
  • Tata Power - India
  • Eastern Energy - Thailand
  • Billiton Holdings Pty Ltd - Australia
  • Intertek Mineral Services - Indonesia
  • OCBC - Singapore
  • Marubeni Corporation - India
  • GB Group - China
  • The Treasury - Australian Government
  • Panama Canal Authority
  • Renaissance Capital - South Africa
  • NALCO India
  • NTPC Limited - India
  • The University of Queensland
  • GHCL Limited - India
  • Heidelberg Cement - Germany
  • India Bulls Power Limited - India
  • Indonesia Power. PT
  • DBS Bank - Singapore
  • Peabody Energy - USA
  • Goldman Sachs - Singapore
  • Barasentosa Lestari - Indonesia
  • BNP Paribas - Singapore
  • London Commodity Brokers - England
  • Surastha Cement
  • The India Cements Ltd
  • Tamil Nadu electricity Board
  • Minerals Council of Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ince & co LLP
  • Salva Resources Pvt Ltd - India
  • Reliance Power - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Arch Coal - USA
  • Attock Cement Pakistan Limited
  • PetroVietnam
  • EIA - United States
  • Bulk Trading Sa - Switzerland
  • Indonesian Coal Mining Association
  • KPCL - India
  • Mintek Dendrill Indonesia
  • CIMB Investment Bank - Malaysia
  • Cebu Energy, Philippines
  • Uttam Galva Steels Limited - India
  • San Jose City I Power Corp, Philippines
  • Anglo American - United Kingdom
  • Cigading International Bulk Terminal - Indonesia
  • Japan Coal Energy Center
  • World Bank
  • SASOL - South Africa
  • KEPCO - South Korea
  • Miang Besar Coal Terminal - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Baramulti Group, Indonesia
  • Lanco Infratech Ltd - India
  • WorleyParsons
  • Bhatia International Limited - India
  • Parliament of New Zealand
  • Indorama - Singapore
  • Karaikal Port Pvt Ltd - India
  • Vitol - Bahrain
  • TeaM Sual Corporation - Philippines
  • Aboitiz Power Corporation - Philippines
  • Coal and Oil Company - UAE
  • SRK Consulting
  • Deutsche Bank - India
  • Price Waterhouse Coopers - Russia
  • MS Steel International - UAE
  • GAC Shipping (India) Pvt Ltd
  • European Bulk Services B.V. - Netherlands
  • Romanian Commodities Exchange
  • CNBM International Corporation - China
  • Power Finance Corporation Ltd., India
  • IHS Mccloskey Coal Group - USA
  • Bayan Resources Tbk. - Indonesia
  • Semirara Mining Corp, Philippines
  • Asia Cement - Taiwan
  • MEC Coal - Indonesia
  • Ministry of Transport, Egypt
  • Antam Resourcindo - Indonesia
  • Cemex - Philippines
  • Thomson Reuters GRC
  • IBC Asia (S) Pte Ltd
  • Platou - Singapore
  • Jaiprakash Power Ventures ltd
  • Humpuss - Indonesia
  • Pinang Coal Indonesia
  • Bhoruka Overseas - Indonesia
  • Britmindo - Indonesia
  • TRAFIGURA, South Korea
  • Qatrana Cement - Jordan
  • Videocon Industries ltd - India
  • Bhushan Steel Limited - India
  • Petron Corporation, Philippines
  • Standard Chartered Bank - UAE
  • EMO - The Netherlands
  • Electricity Generating Authority of Thailand
  • Banpu Public Company Limited - Thailand
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Interocean Group of Companies - India
  • U S Energy Resources
  • KPMG - USA
  • Makarim & Taira - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Mercator Lines Limited - India
  • Borneo Indobara - Indonesia
  • Geoservices-GeoAssay Lab
  • Core Mineral Indonesia
  • Noble Europe Ltd - UK
  • Mjunction Services Limited - India
  • Meralco Power Generation, Philippines
  • Ambuja Cements Ltd - India
  • Posco Energy - South Korea
  • McKinsey & Co - India
  • Coaltrans Conferences
  • Glencore India Pvt. Ltd
  • Sucofindo - Indonesia
  • Trasteel International SA, Italy
  • Karbindo Abesyapradhi - Indoneisa
  • The State Trading Corporation of India Ltd
  • UBS Singapore
  • Shree Cement - India
  • Gujarat Mineral Development Corp Ltd - India
  • Thailand Anthracite
  • Australian Commodity Traders Exchange
  • globalCOAL - UK
  • Berau Coal - Indonesia
  • Orica Australia Pty. Ltd.
  • APGENCO India
  • Rio Tinto Coal - Australia
  • Global Green Power PLC Corporation, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Altura Mining Limited, Indonesia
  • Kobe Steel Ltd - Japan
  • ASAPP Information Group - India
  • Inco-Indonesia
  • TGV SRAAC LIMITED, India
  • Larsen & Toubro Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • JPMorgan - India
  • Grasim Industreis Ltd - India
  • Barclays Capital - USA
  • Chamber of Mines of South Africa
  • Vedanta Resources Plc - India
  • Edison Trading Spa - Italy
  • Bangkok Bank PCL
  • Wilmar Investment Holdings
  • Enel Italy