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Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
 Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year period is unprecedented in IEA records, which go back as far as 1971, said IEA in its latest Coal 2020 report.
IEA report furhter noted that, Based on the assumption of a global economic recovery in 2021, we expect both electricity demand and industrial output to increase. As a result, we forecast a rebound in global coal demand of 2.6%, led by China, India and Southeast Asia. Higher natural gas prices and electricity demand are set to slow the structural decline of coal use in the European Union and the United States, which both might see their coal consumption grow for the first time in nearly a decade.
According to IEA, by 2025, global coal demand is forecast to flatten out at around 7.4 billion tonnes. Trends are expected to vary by region over the next five years. In Europe and North America, coal continues its decline after a temporary uptick in 2021. Given that the combined coal consumption of the European Union and the United States now represents around 10% of global coal use, further declines in those markets will have a limited effect at a global level. In China, coal demand is reaching a plateau, although our 2025 forecast will need to be reviewed following the release of the Chinese government’s 14th Five-Year Plan. China’s pledge of reaching carbon neutrality before 2060 requires a long-term roadmap to enable the smooth transition of an economy which consumes 4 billion tonnes of coal each year.
India and some other countries in South and Southeast Asia are forecast to increase coal use through 2025 as industrial production expands and new coal-fired capacity is built. In India, however, the demand outlook to 2025 is considerably lower than it was a year ago as a result of the pandemic. By 2025, ASEAN will become the third-largest coal-consuming region, surpassing the United States and the European Union.
In 2020, some countries made pledges that involve reducing coal use in the coming years (Korea, Japan), downsizing planned coal expansion (Viet Nam, Bangladesh, Philippines), and cancelling plans for coal development (Egypt).
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Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
Monday, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
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- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
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