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Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
 After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the full 12 months of 2022, total global seaborne coal loadings increased by +5.9% y-o-y to 1208.0 mln t (excluding cabotage), from 1140.4 mln t in the full 12 months of 2021, although still below the 1275.6 mln t in Jan-Dec 2019, Banchero costa research says in its latest report.
The worst was at start of the year, with a positive trend in later months.
According to Banchero costa, In 1Q 2022, global loadings were down 4.8% y-o-y to just 258.0 mln t, and down 17.4% from 1Q 2019. In 2Q 2022, coal loadings were a strong +8.4% y-o-y at 314.0 mln t, and down -3.6% from 2Q 2019. In 3Q 2022, shipments increased again to 317.7 mln t, up +6.3% y-o-y, and just -0.5% from 3Q 2019. In 4Q 2022, loadings were 318.3 mln t, up +13.3% y-o-y from 4Q 2021, and -0.1% from 4Q 2019.
In Jan-Dec 2022, Banchero costa also noted that, exports from Indonesia increased by +21.0% y-o-y to 388.4 mln t, whilst from Australia were down -5.0% y-o-y to 340.1 mln t, and from Russia were up +3.1% y-o-y to 182.5 mln t. Seaborne coal imports into the European Union surged by +33.8% y-o-y to 116.5 mln t in Jan-Dec 2022, whilst imports to India increased by +13.6% y-o-y to 204.0 mln t, and imports to China declined by -3.3% y-o-y to 234.9 mln t.
Australia is now the second largest exporter of coal worldwide, with 28.2% of global seaborne coal exports last year, having been overtaken by Indonesia which had a 32.2% share in Jan-Dec 2022. Coal shipments from Australia have drastically affected in recent years by the country being backlisted by Mainland China, previously Australia’s largest customer. That said, Australian exporters have been relatively successful in finding new markets limiting the impact on overall volumes.
According to Banchero costa, in 2020, Australian coal exports fell sharply by -7.8% y-o-y to 357.7 mln t, from 388.0 mln tonnes in 2019. In 2021, volumes out of Australia remained essentially flat at 358.2 mln t, or +0.1% y-o-y. In the 12 months of 2022, shipments from Australia declined further by -5.0% y-o-y to 340.1 mln tonnes.
The main coal export terminals in Australia are Newcastle (137.3 mln tonnes loaded in Jan-Dec 2022), Hay Point (95.2 mln t), Gladstone (61.2 mln t), Abbot Point (32.4 mln t), Port Kembla (7.9 mln t), Brisbane (5.0 mln t), Port Hedland (0.9 mln t)
The majority (51%) of coal volumes shipped from Australia in 2022 were loaded on Panamax or Post-Panamax tonnage, with 45% of volumes shipped on Capesize vessels, and 4% on Handy or Supra tonnage.
Banchero costa research further noted that, there have been quite remarkable reshuffles in terms of trade patterns over the last few years, driven by political considerations. Coal exports from Australia to Mainland China declined by -98.7% y-o-y in Jan-Dec 2021, to just 0.9 mln tonnes, from 70.4 mln t in 2020. In 2022, shipments from Australia to China actually ticked a bit higher, to 2.9 mln tonnes, but of course it was still a tiny fraction of the pre-2021 volumes.
Pretty much the opposite happened to India. In 2021, Banchero costa said, Australia exported 68.6 mln t of coal to India, up +45.1% y-o-y, from 47.3 mln in 2020. In 2022, however, shipments from Australia to India slowed down by -21.5% y-o-y to 53.9 mln tonnes, due to a greater availability of Indonesian coal. A similar pattern was also seen to South Korea. Australia exported 62.3 mln t to Korea in 2021, up +34.6% y- o-y from 46.3 mln t in 2020.
In 2022, however, shipments to South Korea declined by -23.3% y-o- y to 47.8 mln tonnes, Banchero costa research report said.
The top destination however is still Japan, with 115.0 mln tonnes in 2021, up +14.6% y-o-y, and 119.4 mln tonnes in 2022, up +3.9% y-o-y. Japan is now the destination for 35.1% of Australia’s coal exports, with India 15.8%, Korea 14.1%,Taiwan 9.2% and the EU at 7.7%.
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Australian Coal Association
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- The University of Queensland
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- PTC India Limited - India
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
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