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Tuesday, 20 January 15
INDIA TO SURPASS THE UNITED STATES AND BECOME THE SECOND-LARGEST COAL CONSUMER IN THE WORLD BY 2019 - IMF
COALspot.com: In 2013, coal added more primary energy than any other fuel and was the fastest-growing fossil fuel, enhancing its position as the second-largest primary energy source and closing the gap with oil, IMF said in its latest Medium-Term Coal Market Report.
According to IMF, in 2014, coal oversupply persisted and very low coal prices continued to dominate, as they have since 2011. The domestic oversupply in China – accompanied by price reduction from the major producers to protect their market share – has strongly impacted international markets, which were likewise oversupplied by expansions by all major exporters. Imported European steam coal prices, one of the main reference prices worldwide, were in the $70-80/ton range during 2014, compared to over $120/ton in March 2011.
Commented on Australian met coal, IMF noted that, Australian met coal was in a very narrow band between $112/ton and $116/ton since April 2014, compared to March 2011 when it averaged over $320/ton. With persistent low prices, the strategy of producers is to reduce costs. In the medium term, despite low prices, expansions will happen. There are many projects in different phases of development ready to start or ramp up production, although most of them will not do so at current prices.
In Medium-Term Coal Market Report, IMF further noted that, global coal demand grows on average +2.1% per year over the outlook period, from 5690 million tons of coal- equivalent (Mtce) in 2013, to 6462 Mtce by 2019.
Coal demand in non-OECD countries (members of Organisation for Economic Co-operation and Development) will grow on average +3.0% per year from 4239 Mtce in 2013 to 5060 Mtce in 2019. Most incremental demand volumes are projected for China (+471 Mtce) and India (+177 Mtce), enabling India to surpass the United States and become the second-largest coal consumer in the world by 2019, IMF concluded.
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Wednesday, 07 January 15
2015 IS RIDDLED WITH CHALLENGES FOR THE SHIPPING SECTOR, MOST NOTABLY THE DRY BULK MARKET - HELLENIC SHIPPING NEWS
As the new year has now set foot for real, many are still looking to detect what’s in store for the various shipping markets, with the first ...
Tuesday, 06 January 15
SHIPPING MUST ADOPT CAN-DO ATTITUDE IN 2015 - MOORE STEPHENS
Shipping needs to adopt a can-do attitude in order to successfully meet the challenges which are likely to come its way in 2015.
Shipping part ...
Tuesday, 06 January 15
Q4' 15 FOB INDONESIA COAL SWAP CLOSED 1.81% HIGHER COMPARED TO Q1' 15 CLOSING
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 0.74 (-1.51%) m ...
Tuesday, 06 January 15
FOB RICHARDS BAY COAL SWAPS LOST W-O-W AND M-O-M, SGX DATA SHOWS
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 3.52 (-5. ...
Monday, 05 January 15
CFR SOUTH CHINA COAL SWAPS GAINED WEEK OVER WEEK, SGX DATA SHOWS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 2.50 (-4.02%) month over month and gained US$ 0.20 ( ...
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- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
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