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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 and electricity use. Driven by strong coal power generation in China and India, coal demand is expected to grow again in 2018 said IEA.
In particular, global coal power generation increased by over 250 TWh, or around 3%, and accounted for about 40% of the additional power generation worldwide. Coal kept its share in the power mix at 38% after some years of decline.
Global coal demand is forecast to be stable through 2023
According to IEA, global coal demand in the next five years is set to be stable, with declines in United States and Europe offset by growth in India and other Asian countries – though China, the main player in the global coal market, will see a gradual decline in demand. In terms of the total energy mix, coal’s contribution will decline from 27% to 25%, mainly due to growth of renewables and natural gas.
The seaborne coal trade experienced a rebound in 2017
Commenting on seaborne coal trade, IEA said, Chinese coal imports grew by 15 Mt in 2017, and most other large importers, including Korea, Chinese Taipei, Malaysia, Turkey, Philippines, Brazil, Mexico, Vietnam, Pakistan and Morocco had record imports. Japan, Thailand and Chile were very close to their historical highs. With such sustained demand, prices remain high.
However higher prices aren’t triggering new investments. Risks associated with climate policy, potentially stranded assets, local opposition and the memories of the last downturn have cooled investor appetite to invest in new production.
It appears that banks, insurance companies, hedge funds, utilities and other operators in advanced economies are exiting the coal business.
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Wednesday, 21 November 18
SHIPPING MARKET INSIGHT - DIMITRIS KOURTESIS
Halfway through the fourth and last quarter of the year, we spot a significant change in freight rates for tankers trading dirty, as well as on the ...
Tuesday, 20 November 18
FREIGHT RATES IN THE CRUDE OIL MARKET HAVE ALREADY PICKED UP OVER THE PAST COUPLE OF WEEKS - YIANNIS VAMVAKAS
Current geopolitical developments between Iran and the US, which have led the latter to re-impose its sanctions, have significantly affected oil pr ...
Tuesday, 20 November 18
GOLDEN ENERGY AND RESOURCES LEADS A$249M BID FOR AUSTRALIA-LISTED STANMORE COAL - THE STRAITS TIMES
Singapore-listed Golden Energy and Resources (GEAR) is leading deals worth up to A$249 million (S$250 million) to acquire Australia-listed Stanmore ...
Monday, 19 November 18
INDONESIA'S LEADING EIGHT COAL MINER'S COAL MINING CONTRACTS ARE EXPECTED TO EXPIRE BETWEEN YEAR 2019 - 2025
The Ministry of Energy and Mineral Resources (ESDM) said, eight Coal Contract of Works (CCoW) will expected to expire between 2019 to 2026, Liputan ...
Monday, 19 November 18
SUPRAMAX: THE BSI CONTINUED TO FALL LAST WEEK, ESPECIALLY THE ASIAN ROUTES - BALTIC BRIEFING
Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predict ...
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- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Bhatia International Limited - India
- Australian Coal Association
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- The University of Queensland
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Thai Mozambique Logistica
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