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Monday, 22 August 22
CHINA'S JULY RUSSIAN COAL IMPORTS HIT 5-YR HIGH AS WEST SHUNS MOSCOW - REUTERS
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Russian cargoes over its invasion of Ukraine.
China brought in 7.42 million tonnes of coal from Russia last month, data from the General Administration of Customs showed on Saturday. That was the highest monthly figure since comparable statistics began in 2017, up from 6.12 million tonnes in June and 6.49 million tonnes in July 2021.
Western countries were avoiding cargoes from Russia ahead of a European Union ban on Russian coal that came into force on Aug. 11, aimed at reducing the Kremlin’s energy revenue over its February invasion. read more
The ban has forced Russia to target buyers such as China and India and sell at a steep discount.
Russian thermal coal with a heating value of 5,500 kilocalories (kcal) traded around $150 a tonne on a cost-and-freight basis in late July, while coal of the same quality at Australia’s Newcastle port was assessed at more than $210 a tonne on a free-on-board (FOB) basis.
Some Chinese traders expect more Russian coal to flow into China in the fourth quarter when utilities in northern China build stocks for the winter heating season.
July shipments of Indonesian coal, mostly cheap, low-quality thermal coal with a heating value below 3,800 kcal, were 11.7 million tonnes. That was up 22% from June but down 40% from a year earlier. China has reduced its overall coal imports in recent months amid surging domestic output.
Power plants in southern China have increased tenders to buy Indonesian coal in August as it is cheaper than domestic coal, while demand for coal-fired power generation has been boosted by a record heat wave. read more
Indonesian thermal coal with a heating value at 3,800 kcal changed hand at about $78 a tonne on a FOB basis last week, which would still below about 690 yuan ($101) for local coal when considering shipping costs.
China’s customs data showed zero coal shipment from Australia in July.
Source: Reuters
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Tuesday, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk ...
Tuesday, 23 August 22
SHIPPING: GLOBAL TAX REFORM - WATSON FARLEY & WILLIAMS
OECD rules designed to implement a global minimum corporate tax rate for very large multinational groups have now been published and are expected t ...
Tuesday, 23 August 22
PARTIES CONCLUDE JOINT R&D AGREEMENT FOR WORLD’S FIRST AMMONIA FLOATING STORAGE AND REGASIFICATION BARGE CONTRIBUTING TO PROMOTING THE EARLY INTRODUCTION OF AMMONIA FUEL - NYK
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercializ ...
Monday, 22 August 22
INDONESIAN GOVERNMENT IMPOSED ON NEW PROGRESSIVE ROYALTIES FOR COAL
Indonesian President Joko Widodo has signed a Government Regulation (Number 26 of 2022) on 15 August 2022 related to the progressive royalty rates ...
Sunday, 21 August 22
COAL-RICH POLAND FACES WINTER OF ENERGY DISCONTENT - DW
Poland uses 10 million tons of coal a year to heat households — a whopping 87% of all coal consumed in EU homes in 2019, according to the War ...
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- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
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