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Tuesday, 21 September 21
CHINESE COAL IMPORTS FROM AUSTRALIA DROP 98.6% AS RESTRICTIONS BITE - BIMCO
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian coal have started to hurt, according to Oceanbolt. This represents a 98.6% drop compared with 56.8 million tonnes in the same period in 2020.
In the first seven months of 2020, 697 voyages were made carrying coal between Australia and China. Out of these, 59.1% were on Panamax ships while Capesize ships proved the second most popular, accounting for 35.3%. So far this year, only 14 journeys have been carried out, of which eight were on Panamax ships.
On the other hand, imports of coal from Indonesia have grown 45.2%, from 76.4 million tonnes in the first seven months of last year to 110.9m tonnes in 2021, resulting in the share of total Chinese coal imports from Indonesia jumping to 60.4%. The share from Australia on the other hand has fallen to just 0.4% in the first seven months of 2021.
Total Australian exports still up
Despite the steep drop in exports to China, total Australian coal exports are up by just under 400,000 tonnes compared with the first seven months of last year, representing a growth rate of 0.2%. Exports to India and South Korea have grown the most, up by 22.3 million tonnes (+96.3%) and 15.0 million tonnes (+72.2%) respectively.
The marginal growth so far this year leaves total Australian coal exports at 223.4 million tonnes in the first seven months of the year which, excluding 2020, is the slowest start to the year since 2015. Despite this, the new destinations mean that tonne mile demand has not fallen back to 2015 levels, as the average sailing distance travelled per tonne has risen to 4,603 miles (+6.6% from 7M 2020), generating more tonne-miles and benefitting the dry bulk shipping industry. While volumes grew 0.2% in the first seven months of 2021 compared to 2020, tonne mile demand generated by Australian coal exports has risen 6.8%.
“As disruption on the Australia-China coal trade enters its second year, new matches are being made between buyers and sellers as they all seek to fill the gaps left by restrictive trade policies. These changes fit into the wider picture of a strong dry bulk market influenced by various congestions, particularly in Asia, soaking up tonnage and pushing freight rates upwards,” says Peter Sand, BIMCO’s Chief Shipping Analyst.
Source: BIMCO, By Peter Sand, Chief Shipping Analyst
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Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
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Showing 16 to 20 news of total 6846 |
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- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- White Energy Company Limited
- Kumho Petrochemical, South Korea
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