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Monday, 20 January 20
CHINA IMPORTED 124.4 MLN TONNES OF COAL FROM INDONESIA IN 2019, UP 15.1 PERCENT YOY - BANCHERO COSTA
 China's coal imports raced ahead in 2019, surprising many who had expected that in the months of 2019 to come the government would clamp down strictly on shipments said Banchero Costa Research in its latest report.
According to the report, with economic growth at its weakest in decades in the midst of a trade war with the US, import curbs have been loosened on the nation's most consumed fuel to help mitigate the pain of an economic slowdown. China routinely restricts imports of coal to help domestic miners through a wider effort to reduce the fuel dependency of the country. For a nation that consumes and produces half of the world's coal, the strength of China's import curbs may vary based on the competing priorities of the government to protect domestic miners and power plants. While China’s policy priorities will be to reduce air pollution and CO2 emissions, coal is expected to continue to play a key role in maintaining economic growth and ensuring energy security. In the first 12 months of 2019, total coal (consisting of thermal and metallurgical) imports to China increased by an unexpectedly strong 14.3 percent to 263.5 mln tonnes, according to the Refinitiv vessel-tracking data.
Banchero Costa Research further noted that, Indonesia has been the main beneficiary in 2019 increase in demand for coal. In the 12 months of 2019, China imported 124.4 mln tonnes of coal from the South-East Asian nation, up 15.1 percent from the 108.1 mln tonnes in the same period last year. Imports from Australia have also increased, despite the widely reported Customs clearance difficulties and port restrictions at the start of the year. Australia exported 89.7 mln tonnes of coal to China in 2019, up 6.6 percent year-on-year.
Politics, however, Banchero Costa said, most likely played a role in restricting shipments from the USA. US coal shipments to China were down in the 12 months of 2019 at 3.2 mln tonnes, down from 3.6 mln tonnes in the same period last year. Elsewhere, volumes from Russia have continued to grow as more export capacity has become available, especially on small vessels from Russia’s Far East ports – total seaborne volumes to China increased by 30.9 percent year-on year to 24.6 mln tonnes. Exports from Ukraine to China also surged, by a massive 133 percent, to 4.5 mln tonnes in the year of 2019. Imports from Canada gain by 6.1 percent year-on-year to 6.4 mln tonnes, from 6.1 mln tonnes in the same period last year.
Finally, Banchero Costa Research teams said, coal volumes from Mozambique to China continue to grow, by 33.2 percent in 2019 to 4.7 mln tonnes, whilst shipments from South Africa decreased by 19.2 percent to just 1.0 mln tonnes.
An increasing shift towards Indonesian and Russian supply, and away from Australia, naturally favours the use of smaller vessels for transportation. In the 12 months of 2019, only 47.7 mln tonnes of China’s total 263.5 mln tonnes of seaborne coal imports were carried on Capesize (120+ dwt) vessels, whilst 78.75 mln tonnes were carried on Panamaxes (65-85k dwt), 109.97 mln tonnes on Supramaxes (40-65k dwt), and 18.43 mln tonnes on Handies (20- 40k dwt).
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Sunday, 26 January 20
SUPRAMAX: THE ASIAN BASIN SAW A 56,000DWT SHIP FIXING DELIVERY SAMARINDA TRIP TO WEST COAST INDIA AT $4,750 - BALTIC BRIEFING
Capesize
The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chin ...
Sunday, 26 January 20
SHIPPING NEEDS TO PREPARE FOR CORONAVIRUS RESTRICTIONS WARNS HILL DICKINSON
The shipping industry needs to be prepared for potential restrictions in order to prevent the further spread of the ‘Wuhan’ coronavirus ...
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric ...
Friday, 24 January 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINED FLAT DURING THE PAST WEEK - XINHUA
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 553 yuan (about 80.1 U.S. dollars) ...
Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size
From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Aver ...
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- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- White Energy Company Limited
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
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