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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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Sunday, 13 December 15
THE LOW VESSEL DEMANDS PUSHED DOWN BALTIC DRY INDEX FURTHER DOWN
COALspot.com: The low vessel demand across nearly all vessel sizes pushed the Baltic Exchange’s main sea freight index further down in this F ...
Sunday, 13 December 15
DRY BULK RATES KEEP ON FALLING AS LOW VESSEL DEMAND IS STILL THE NORM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market nowadays is in an endless downward spiral, which as it turns out is unable to recover, at least as long as the current balance ...
Friday, 11 December 15
US COAL PRODUCTION UP 7.7% IN WEEK ENDED DECEMBER 5, 2015
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.1 million shor ...
Thursday, 10 December 15
LIENING CARGO - WHICH LIEN CLAUSE APPLIES TO THE BILL OF LADING? : WIKBORG REIN | HELLENIC SHIPPING NEWS
KNOWLEDGE TO ELEVATE
In a dry bulk market where a charterer is not paying freight or hire, its counterparty is often left to consider whether ...
Thursday, 10 December 15
CANADIAN MINER TECK ANNOUNCES LNG HAUL TRUCK PILOT PROJECT
Teck Resources Limited is piloting the use of liquefied natural gas (LNG) as a fuel source in six haul trucks at its Fording River steelmakin ...
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- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- The Treasury - Australian Government
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- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
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- Essar Steel Hazira Ltd - India
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- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
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- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Planning Commission, India
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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