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Thursday, 17 December 15
GLADSTONE PORT COAL RECORD LOOMING, EXPORTS UP 12% - GLADSTONE OBSERVER
 COAL exports from Gladstone's port have taken a leap, with more than seven million tonnes leaving the wharves in November.
That increase is 12% ahead of October's tonnage when 5.94 million tonnes were exported. The November total was 7.2 million.
Shipping destinations China, Japan and South Korea increased their purchases during the month.
Gladstone Ports Corporation chief executive officer Craig Doyle said it was almost certain the port would export record tonnage by the end of the financial year, at the end of June 2016.
"We are in a similar position to where we have been for the last couple of years," he said. "Our tonnage is above plan at this stage of the year and, with the Wiggins Island Export Coal Terminal continuing to ramp up, we can expect to see more than 70 million tonnes go through the port before the end of June.
"Volume is our friend.
"Our customers are long-held customers and they are working their way through the slump in coal prices by increasing production.
"They have fixed costs and increased production helps improve profitability.
"It's a far greater problem for new mines trying to open up as the start-up costs are significant."
Mr Doyle said there would always be a demand for coal from Queensland mines because of its higher quality and energy efficiency in comparison to the coal from countries we export to.
The port exported 66.5 million tonnes of coal from January to November, an increase from the 64.2 million tonnes for the same period in 2014.
Japan was the port's main customer for the month, picking up 2.08 million tonnes, an increase of 23% from October.
South Korean buyers took delivery of 1.8 million tonnes, up 28% from the October level.
The country has been increasing its coal purchases from Gladstone this year with its January to November uptake 10.9 million tonnes against nine million for the same period last year.
China exports have increased by 26% in November to 1.2 million tonnes against 956,000 tonnes in October.
However, the export figures to China were well down in the January-November period at 10.8 million tonnes against the 2014 figure of 15.33 million tonnes.
Exports to India have also slowed to 1.13 million tonnes, 11.5% down from the October figure of 1.28 million.
However, exports to India were the port's second largest for the year, with 13.46 million tonnes between January and November, against 11.8 million in the same period in 2014.
Source: Gladstone Observer
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Friday, 18 December 15
WHEN IS A MASTER ENTITLED TO REFUSE DAMAGED CARGO? A REMINDER - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreeme ...
Friday, 18 December 15
CHINA GROWTH SHOCK TO HIT ENERGY, SHIPPING, STEEL MOST - FITCH
Energy, shipping and steel would be the hardest-hit sectors in Asia-Pacific (APAC) in the event of a sharp slowdown in Chinese growth, says Fitch R ...
Friday, 18 December 15
WEEKLY U.S. COAL PRODUCTION REMAINS FLAT ACROSS ALL BASINS
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.1 million shor ...
Thursday, 17 December 15
THE LOW DEMAND AND EXCESS COAL OUTPUT, KEEP THE FOB INDONESIA COAL SWAPS UNDER PRESSURE
COALspot.com: Indonesian coal swap for delivery Q1 2016 rose month on month and decline slightly week over week. For the week ended December 11, 20 ...
Wednesday, 16 December 15
FOB RICHARDS BAY COAL SWAP SLUMP 5.5% FROM LAST MONTH
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
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- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
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- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
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- Semirara Mining and Power Corporation, Philippines
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- Bulk Trading Sa - Switzerland
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- Indian Oil Corporation Limited
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- Mercuria Energy - Indonesia
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- Merrill Lynch Commodities Europe
- Planning Commission, India
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
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- Oldendorff Carriers - Singapore
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- Central Electricity Authority - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
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- Price Waterhouse Coopers - Russia
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- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
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- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- The University of Queensland
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
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- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Minerals Council of Australia
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- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- GMR Energy Limited - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
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- Makarim & Taira - Indonesia
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