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Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
 COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials said, said Reuters.
"As far as South African coal for India, it is definitely on a growth path. How long and how much is yet to be seen," Arun Maheshwari, senior vice president commercial for Indian firm JSW Steel, told a coal conference in Cape Town, as quoted by Reuters.
The Reuters further reported that, Global oversupply and a drop in coal prices to 7-year lows have hit miners and coal exporting countries hard. Indonesian coal exports fell 50 million tonnes in 2015 due to the market glut and Chinese slowdown. A drop in Indonesian exports to India, which imported around 165 million tonnes of thermal coal in 2015, offers an opportunity for South Africa, analysts said.
South African coal, which is generally of a high calorific value, can now compete better on price with Indonesian coal, in part due to lower freight prices. However, Indian power utilities still prefer for Indonesia’s medium to low calorific value coal to due to lower ash and sulphur content.
Meantime, South India’s cement producers have already switched their procurement to pet coke of U.S origin from high quality thermal coal. The current extremely low sea freights are supporting long-haul cargos at very competitive landed cost for end-users.
One of the Indonesia’s leading low Ash and low Sulphur coal producer and exporter, Adaro Indonesia has shipped 16% of its coal to China & 13% to India in 2015. The miner has produced 51.46 Mt in 2015, 8% lower compared to FY14 output.
The world oil prices are also under pressure due to high output. EIA’s forecast for the average Brent crude oil prices to average $38/b in 2016 and $50/b in 2017. Forecast West Texas Intermediate (WTI) crude oil prices are expected to average the same as Brent in both years.
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Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...
Friday, 12 February 16
COAL PRICES ARE EXPECTED TO DECLINE 13% IN 2016 TO $50 ATON, ON CONTINUED WEAK DEMAND AND OVERSUPPLY - WORLD BANK
COALspot.com: Thermal coal prices fell 9 percent in the fourth quarter on continued weak demand, high stocks, and surplus production, World Bank sa ...
Friday, 12 February 16
U.S. COAL PRODUCTION OFF 5.4% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.9 million shor ...
Thursday, 11 February 16
GLOBAL NEWBUILDING ORDERBOOK IS SHRINKING ON A DAILY BASIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2016 has started right where 2015 left off when it comes to newbuilding ordering activity, i.e. there are slim pickings to be had from shipyards ar ...
Wednesday, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
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- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Bhatia International Limited - India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- White Energy Company Limited
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
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