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Thursday, 23 May 13
COLOMBIA SHIPPED 11.74 MILLION TONS OF THERMAL COAL IN Q1
 COALspot.om - Colombia produced about 18,388,972.94 mt of coal for the first quarter of 2013.
Q1' 2013 coal production was around 21.42 percent lower compared to the same the period in 2012 and 14.22 percent lesser than 4th Quarter of 2012. Colombia produced 23,403,912.21 mt of coal during 1st quarter of 2012 and 21.439 million MT in 4th quarter 2012.
The data that COALspot.com has obtained from National Mining Agency of Colombia shows that, the Colombian coal ( thermal, metallurgical, coke and semi coking) exports have reached 12,464,476 tons in first three months during this year.
Colombia shipped 6.533 million tons of thermal coal in January 2013. February thermal coal exports slumped by 49.80 percent compared to January 2013 exports. Colombia shipped only 3.2798 million tons of thermal coal in February. In the meantime, the March thermal coal shipments from Colombia sink further by 41.00 percent month on month. Colombia shipped only 1.935 million tons of coal in March which was almost 71.54 percent lesser than January 2013 exports.
Approximately 90 percent of coal produced in Colombia is intend for exports market.
The average selling price of Thermal coal in January 2013 was around US$ 92.70 per mt FOB vessel, and in the meantime the March average price was US$ 86.10 dropped 7.11 percent. March 2013 average selling price was slightly higher (0.84 percent) than February 2013 selling price of US$ 85.38 per mt.
Colombian metallurgical coal’s average selling prices also faced a down trend in March 2013. The average selling price of Metallurgical Coal in March was around US$ 128.91 per mt which is 20.83 percent lesser than the average selling price of Metallurgical coal in January 2013 or 1.35 percent lesser than February price.
However, prices for coke and semi coking coal of Colombia has moved positive in March 2013 compared to Thermal coal and Metallurgical coal. Coke and semi coking coal’s average selling price in March was US$ 253.63 per MT which is 0.73 per cent higher than January 2013 price or 1.18 percent higher than February 2013 price.
Due to lower cape size freight Colombian coal is now moving to Asian countries such as South Korea, China and India.
About Colombian coal ( Source: US Energy Information Administration)
According to the Latin American Energy Organization, Colombia had 5,643 million short tons (MMst) of recoverable (mostly bituminous) coal reserves in 2010, the largest in South America. These deposits are concentrated in the Guajira peninsula bordering the Caribbean and in the Andean foothills. The majority of Colombia's coal production and export infrastructure is located on the Caribbean coast. Colombia's coal is relatively clean-burning, with a sulfur content of less than 1 percent. The country exports most of its production – in 2009 it was the fourth-largest coal exporter in the world after Australia, Indonesia, and Russia.
Production
Colombia produced 82 million short tons (MMst) of coal in 2010, while only consuming 5.6 MMst. According to the Ministry of Mines, the country’s coal production rose to 94.6 MMst in 2011. Colombian coal production is exclusively carried out by private companies and has doubled since 2000. The country’s 2010 production set a record for national production, and the government aspires to double it by 2019.
The largest coal producer in Colombia is the Carbones del Cerrejon consortium, composed of Anglo-American, BHP Billiton, and Xstrata. The consortium operates the Cerrejon Zona Norte (CZN) project, the largest coal mine in Latin America and the largest open-pit coal mine in the world. CZN is an integrated system of mine, railroad, and a Caribbean coast export terminal, and accounted for 38 percent of Colombia’s production in 2011, or about 31 MMst.
US-based Drummond Company operates the second-largest coal mining operation in Colombia, La Loma, which is also an integrated mine-railway-port project, producing about 27 MMst in 2011, or 33 percent. In June 2011, Drummond entered into an 80-20 percent partnership with Japan’s Itochu Corp., known as Drummond International, which now owns and operates its Colombia interests. Itochu’s initial investment of $1.5 billion will enable expansion of the project with the construction of a new export facility and the increase of export capacity to 40-45 MMst per year. The partnership is aiming to increase coal exports to Japan and other Asian countries.
Exports
Colombia exported 76.4 MMst in 2010, mainly to Europe, other South American countries, and the United States. Coal exports are an important part of the Colombian economy. Coal is the country’s second-largest export after oil and represented 15 percent of export earnings in 2010. The United States and Colombia have a major trading relationship in this sector and in 2010 Colombian coal represented 75 percent of U.S. coal imports, or 14.6 MMst. In 2011, the United States imported 9.5 MMst, or 73 percent, as U.S. coal imports declined.
Colombia recently began exporting sizable quantities of coal to Asian markets, especially China. According to Global Trade Information Services, Asia’s share of Colombian coal exports grew from less than one percent in 2009 to 12.7 percent in 2010. A combination of higher prices in Asia, lower freight costs, and falling exports to the United States spurred this expansion into Asian markets. In May 2012, talks were held in Beijing between the presidents of China and Colombia regarding China’s interest in investing in Colombia’s coal sector and the construction of a railroad to the Pacific coast to facilitate exports to Asia. Both the expansion of the Panama Canal (currently slated for completion by 2015) and Chinese-backed transportation infrastructure projects could generate greater exports of Colombian coal to Asia in the future.
*The coal export information within this article is provided by COALspot.com on an "as is" and "as available” basis. All details about, given in good faith and has been collected from various press reports, Related departments, organization and individuals considered reliable but without guarantee. While every care has been taken to ensure the accuracy of information furnished in this article. COALspot.com shall be obliged if errors / omissions are brought to its notice for carrying out corrections in this article.* Figures are subject to verification (cs)
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Thursday, 24 January 13
DRY BULK MARKET FALLS ON TROPICAL CYCLONE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been on the downside during the past couple of days, mainly as a result of the tropical storm which forced ports to close do ...
Tuesday, 22 January 13
PORT OF ANTWERP HANDLES 7.0 PERCENT MORE COAL IN 2012 Y-Y
COALspot.com - The port of Antwerp handled 184,134,516 tonnes of freight last year.
This represents a drop of 1.6% compared with 2011, when the v ...
Monday, 21 January 13
NEWCASTLE PORT SHIPPED 10.21 PERCENT LESS COAL W/E 21 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 2,804,152 MT of thermal and coking coal for week ended 0700 hours 21 January 2013, Newca ...
Monday, 21 January 13
PANAMAX DRY BULK CARRIERS AND AFRAMAX TANKERS PROVED TO BE THE "WEAPON OF CHOICE" FOR MOST SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With ship financing getting ever so difficult to procure during the past year or so, ship owners had to get creative in order to persuade banks and ...
Sunday, 20 January 13
Q1 & Q4 SUB-BIT FOB INDONESIA COAL SWAPS: FIRM
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) and CFR South China coal shipment for average Q1’ 2013 delivery have gained 0.81percent and ...
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- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
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