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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 Shipments from Russia have below average sailing distance, but they have been replaced by shipments with similar distances.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, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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Showing 6 to 10 news of total 6871 |
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- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Bangladesh Power Developement Board
- PTC India Limited - India
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
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