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Thursday, 10 March 16
U.S. COAL EXPORTS DECLINED 23% IN 2015, AS COAL IMPORTS REMAINED STEADY
.jpg) COALspot.com: The United States remains a net exporter of coal, exporting 74.0 million short tons (MMst) and importing 11 MMst in 2015.
According to U.S Energy Information Administration (EIA), coal exports fell for the third consecutive year in 2015, ending the year 23 MMst lower than in 2014 and more than 50 MMst less than the record volume of coal exported in 2012.
Slower growth in world coal demand, lower international coal prices, and higher coal output in other coal-exporting countries contributed to the decline in U.S. coal exports. Lower mining costs, cheaper transportation costs, and favorable exchange rates (compared to the U.S. dollar) continue to provide an advantage to producers in other major coal-exporting countries such as Australia, Indonesia, Colombia, Russia, and South Africa.
EIA further reported that, one of the only increases in U.S. coal exports in 2015 was for exports to India, which increased by almost 2 MMst, bringing its share of U.S. coal exports to 9%, up from 5% in 2014. Coal exports to the rest of Asia fell. Europe has traditionally been a leading destination for coal exports, but exports were down 14.6 MMst (28%) in 2015.
U.S. coal exports are mainly shipped from six customs districts that together accounted for 90% of U.S. exports in 2015. Norfolk, Virginia, the largest coal port, shipped 26.2 MMst of coal, accounting for 35% of total U.S. exports. Baltimore, Maryland, was the only major customs district (districts that generally export more than 1 MMst of coal annually) to increase exports in 2015, largely driven by increased exports to India.
While, U.S. coal imports totaled 11.3 MMst in 2015, the same as in 2014, with 85% of imports being steam coal that is primarily used to generate electricity, said EIA. Although the amount of imports did not change in 2015, the source and point of entry of these imports changed from 2014. The biggest changes in the origin of U.S. imports involved imports from Colombia and Indonesia, which increased by 8% and decreased by 42%, respectively. Colombian coal is highly competitive with domestic coal at power generators located along the Gulf of Mexico and southern Atlantic coasts. Metallurgical coal, which is used in the steelmaking process, was primarily imported from Canada.
Tampa, Florida, overtook Mobile, Alabama, to become the largest recipient of coal imports in 2015. The closure of coal-fired electricity generators in New England led to a 41% (0.5 MMst) decrease in imports into the Boston, Massachusetts, customs district. Increased Canadian imports drove the increase of imports (0.1 MMst, 55%) into the Portland, Maine, custom district.
Imports into the Honolulu, Hawaii, custom district remained nearly unchanged as declines in Indonesian imports were offset by imports from Canada and Australia.
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Thursday, 03 March 16
RIO TINTO COMPLETES SALE OF INTEREST IN BENGALLA JOINT VENTURE FOR US$616.7 MILLION
COALspot.com: Rio Tinto has completed the sale of its 40 per cent interest in the Bengalla coal Joint Venture in Australia to New Hope Corporation ...
Wednesday, 02 March 16
RE-EVALUATION OF MINING LICENSES CLEAN AND CLEAR STATUS IN INDONESIA
COALspot.com: In connection with the transfer of mining authority from Regents/Mayors to Governors1 and from Regents/Mayors and Governors to t ...
Wednesday, 02 March 16
OIL MY GOD.....!!!!
OIL my GOD….!!!!
The oil price “crash” that started in 2014 was caused by a glut of practically unwanted oil. Producers had be ...
Tuesday, 01 March 16
CS 42 (4200 GAR) COAL INDEX CLOSED AT US$ 27.11 A TON ON 26 FEBRUARY
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.31 percent week over week to averaging $38.77 per ton on this past Friday, ...
Tuesday, 01 March 16
CAN BULKCARRIER SUPPLY CUTS RESTORE SOME BALANCE? - CLARKSONS
The easing in bulkcarrier deliveries and the accelerated pace of demolition in recent years has seen bulkcarrier fleet growth slow from a rapid 17% ...
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- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- GMR Energy Limited - India
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Aditya Birla Group - India
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
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