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Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
 Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its latest report.
According to Banchero Costa, In Jan-Jul 2024 the positive trend continued, with global coal loadings increasing by +1.8% y-o-y to 783.0 mln t, from 768.9 mln t in the same period last year, based on vessel tracking data from AXS Marine. In Jan-Jul 2024, exports from Indonesia increased by +8.4% y-o-y to 300.7 mln t, whilst from Australia were up +1.1% y-o-y to 200.0 mln t.
Russian coal exports declined by -14.0% y-o-y to 96.9 mln t in Jan-Jul 2024, from the USA increased by +5.5% y-o-y to 51.3 mln t, from South Africa declined -5.0% y-o-y to 33.7 mln t, the report further noted. Shipments from Colombia increased by +9.3% y-o-y to 34.7 mln t in Jan- Jul 2024, from Canada increased by +1.3% y-o-y to 29.0 mln t, and from Mozambique were down by -7.4% y-o-y to 12.5 mln t.
Banchero Costa Research's weekly report also says, seaborne coal imports into Mainland China increased by +10.9% y-o-y to 230.2 mln t in Jan-Jul 2024, to India increased by +9.9% y-o-y to 146.6 mln t, to Japan declined by -5.1% y-o-y to 88.2 mln t in Jan-Jul 2024. Shipments to South Korea declined by -6.8% y-o-y to 64.6 mln t, to Vietnam surged by +27.7% y-o-y to 35.7 mln t, to the EU down -39.7% y-o-y to 35.2 mln tonnes, to Taiwan declined by -2.2% y-o-y to 33.6 mln tonnes in Jan-Jul 2024.
According to the report, India is the world’s second largest seaborne importer of coal after Mainland China, accounting for 18.7% of the global seaborne coal market so far in 2024.
Import volumes into India were relatively depressed during 2020 and 2021, due to disruption from Covid-19, but bounced back to near all- time records in 2022. Total seaborne coal imports into India in 2022 reached 225.4 mln tonnes, +10.3% y-o-y, according to AXS Marine vessel tracking data. In 2023, India imported 240.8 mln t of coal, up +6.9% y-o-y. 34% of coal volumes delivered into India in 2023 were loaded on Capesize vessels, with 8% on Post-Panamax vessels, 36% on Panamax tonnage, and 22% on Supramaxes. About 60 percent of coal imports into India are delivered to the East coast of the country, primarily to the states of Odisha and Andhra Pradesh. The majority of the rest is discharged in the North-Western state of Gujarat, India’s most industrialized state, which alone accounts for 30 percent of India’s total coal imports, the report says.
The main coal import terminals in India are:
Mundra in Gujarat (24.6 mln t discharged in Jan-Dec 2023), Paradip (22.7 mln t), Krishnapatnam (21.6 mln t), Dhamra in Odisha (20.6 mln t), Visakhapatnam (20.5 mln t),Gangavaram in Andhra Pradesh (18.9 mln t), Hazira (13.3 mln t), Jaigad (12.4 mln t), Ennore (9.5 mlnt), Kandla (9.3 mln t), Tuticorin (8.1 mln t), Mumbai (7.0 mln t), New Mangalore (6.7 mln t), Dahej (6.6 mln t), Mormugao (5.8 mln t). Trade patterns for Indian imports saw significant shifts due to both commercial and political factors.
Indonesia continues to be the top exporter of coal to India, accounting for 42% of total Indian imports in Jan-Dec 2023. In Jan-Dec 2023, shipments from Indonesia to India declined by -3.3% y-o-y to 100.5 mln tonnes but were still above the 71.6 mln t in 2021. In Jan-Jul 2024 volumes from Indonesia to India rebounded back by +30.9% y-o-y to 65.9 mln t.
About 21% of imports, 50.2 mln t in Jan-Dec 2023, were shipped from Australia, down by -7.2% y-o-y from 54.2 mln t in 2022, and well below the 74.2 mln t in 2021. Shipments from Russia surged by a further +34.7% y-o-y in Jan-Dec 2023 to 25.3 mln tonnes, and well above the 7.3 mln t in Jan-Dec 2021, with Russia now accounting for 11% of Indian coal imports. South Africa exported 26.9 mln tonnes of coal to India in Jan-Dec 2023, up +33.9% y-o-y. Imports from the USA also surged by +53.8% y-o-y to 20.8 mln t.
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Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
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- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
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