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Thursday, 05 March 20
COAL IMPORTS DOWN IN MAJOR ASIAN MARKETS, AND CORONAVIRUS NOT THE DRIVING FORCE - CLYDE RUSSELL
 Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weakness concentrated in other major importers of the polluting fuel.
South Korea’s imports of both thermal and coking coal were particularly hard hit, dropping to 6.9 million tonnes in February from 11.4 million in January and 9.4 million in February 2019, according to vessel-tracking and port data compiled by Refinitiv. That was the lowest monthly import figure for South Korea since Refinitiv started vessel-tracking in January 2015.
South Korea’s weak coal demand was sparked by the country’s decision to close up to 15 coal-fired power plants between December and February in order to limit air pollution over winter. The bad news for coal exporters is that South Korea will extend the closure of coal-fired plants this month, with the Energy Ministry saying on March 1 that up to 28 plants will be idled this month.
India’s coal imports also slipped in February, with Refinitiv data showing a total of 16.4 million tonnes of both thermal and coking coal arriving, down from 18.2 million in January.
India, the world’s second-biggest coal importer behind China, is struggling with softer economic growth, which is curtailing electricity demand. In addition, some coastal power plants that rely on imported coal are struggling to sell electricity at prices high enough to make running the generators financially viable.
A warmer-than-usual winter, ongoing economic struggles and low prices for spot liquefied natural gas (LNG) are the most likely reason for Japan’s lower coal imports. Refinitiv data showed the world’s third-largest coal importer brought in 13.3 million tonnes in February, down from January’s 16 million and 13.8 million in February 2019.
- Clyde Russell -
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Thursday, 05 March 20
INDONESIA'S BUKIT ASAM 2019 OUTPUT RISES 10.2% Y/Y - REUTERS
PT Bukit Asam, Indonesia’s state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.
Coa ...
Thursday, 05 March 20
SEEING REMOTELY - IN SAFETY: BUREAU VERITAS PERFORMS FIRST SURVEY BY DRONE - BUREAU VERITAS
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection and certification (TIC) services has completed its first survey by ...
Wednesday, 04 March 20
AN EPIDEMIC OF UNCERTAINTY - THE CORONAVIRUS AND FORCE MAJEURE - WFW
KNOWLEDGE TO ELEVATE
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts ...
Wednesday, 04 March 20
CHINA IMPORTED 76.8 MLN TONNES OF CRUDE OIL FOR JANUARY & FEBRUARY 2020; UP 3.4% YOY - REFINITIV | BC
The COVID-19 crisis has been gripping China already for almost two months now. It’s having a huge negative impact on the economy, and this is ...
Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
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- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- PTC India Limited - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
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