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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 Shipments from Russia have below average sailing distance, but they have been replaced by shipments with similar distances.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, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
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Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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Showing 11 to 15 news of total 6871 |
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- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Parliament of New Zealand
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Australian Coal Association
- Ambuja Cements Ltd - India
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Economic Council, Georgia
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Indika Energy - Indonesia
- Minerals Council of Australia
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
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