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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 logistical challenges started to emerge. Two years after the start of the war in Ukraine, sanctions on Russia are limiting the country’s ability to export coal.
A significant portion of Russian coal is sourced from Siberia and transported to Russian ports by rail. Since the start of the war in Ukraine, railways in Russia have been under pressure as sanctions pushed Russia’s coal exports eastwards. In 2023, China was the destination for 41% of Russian coal shipments.
Sanctions on Russia have added further pressure to logistics, culminating in lower effectiveness and reliability of railway transport since October 2023. Russian railway transport is reported to be challenged with difficulties in securing imports of spare parts such as specialized lubricants, proprietary bearings and electronic components. Efforts to circumvent this issue by replacing imports with domestic equipment have fallen short, as these substitutes are often of lower quality.
The overall impact of poor Russian logistics on the dry bulk market seems to be marginal, as global coal supply is ample. In the period since October 2023, global coal shipments have increased by 7% y/y despite the loss of Russian coal. Consequently, it seems that Russia is bearing the brunt of the impact.
The impact of lower coal shipments on sailing distances also seems to be residual. Shipments from Russia have below average sailing distance, but they have been replaced by shipments with similar distances.
Despite the obstacles that Russia is facing, the government seems determined to boost coal exports to China. Russia is working to increase coal mining and remove bottlenecks in their infrastructure. Two major railways in Siberia will be electrified and an agreement was reached to build a new railway bridge between Russia and China. If Russia is successful, exports over land to China could increase, replacing some of Russia’s coal shipments.
Even as Russia invests in infrastructure, it is possible that total coal exports to China will not significantly increase. The IEA estimates that China’s coal demand may have peaked in 2023, limiting further export growth. Furthermore, it might be difficult for Russia to find new trade partners amid sanctions and competition from other exporters such as Indonesia and Australia.
Source: BIMCO
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Friday, 24 November 23
COAL IMPORTS TO INDIA IN OCTOBER 2023 REACHED HIGHEST LEVELS IN NEARLY A YEAR AND A HALF - VESSELSVALUE, VESON NAUTICAL
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2 ...
Friday, 24 November 23
COAL SHIPMENTS TO ADVANCED ECONOMIES DOWN 17% SO FAR IN 2023 - BIMCO
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electric ...
Friday, 24 November 23
INTELLIGENT COAL MINES CONTRIBUTE TO IMPROVING SAFETY STANDARDS - CHINA DAILY
Mechanization, automation and intelligent upgrades have contributed to improved safety in coal mines, though the level of development of intelligen ...
Friday, 24 November 23
WHY AUSTRALIA'S COAL MINES ARE GETTING BIGGER - IEEFA
Australia’s largest coal mines are getting larger. Mines in New South Wales (NSW) are ramping up production following the state’s recov ...
Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further ...
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- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
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