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Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
 EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst (36%) lower than in March 2015.
According to EIA’s Short-Term Energy And Summer Fuels Outlook, Forecast coal production is expected to decrease by 143 MMst (16%) in 2016, which would be the largest annual percentage decline since 1958. In 2016, forecast Appalachian and Western region production declines by 14% and 20%, respectively, and Interior region production falls by 6%. In 2017, total coal production is expected to increase by 26 MMst (3%).
Coal Consumption
EIA’s Short-Term Energy And Summer Fuels Outlook noted, Coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 50 MMst (7%) in 2016 as a result of mild winter weather and competition with natural gas. Coal consumption in the electric power sector is forecast to increase by 16 MMst (2%) in 2017 primarily because of rising natural gas prices. Retirements of coal-fired power plants reduce coal-fired generation capacity in the forecast period. The retirements are the result of increased competition with natural gas generation and the industry response to the implementation of the Environmental Protection Agency's (EPA) Mercury and Air Toxics Standards (MATS).
Coal Trade
Slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports, says EIA. Lower mining costs, cheaper transportation costs, and favorable exchange rates are expected to continue to provide an advantage to mines in other major coal-exporting countries compared with U.S. producers over the next few years.
Coal exports in January 2016 were 4 MMst, down 9% from December 2015 and 44% lower than the amount exported in January 2015. EIA forecasts U.S. coal exports to decline by 15 MMst (21%) in 2016 and by 2 MMst (3%) in 2017.
Atlantic and Gulf Coast power generators are forecast to maintain their current levels of coal imports, which are primarily from Latin America. Imports are projected to total about 11 MMst in 2016 and 2017.
Coal Prices
EIA estimates the delivered coal price in U.S averaged $2.23/MMBtu in 2015. Forecast prices are $2.16/MMBtu in 2016 and $2.19/MMBtu in 2017.
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Friday, 27 September 19
LOWDOWN ON INCOTERMS 2020 OVERHAUL - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
This ninth revision of Incoterms is changed in style and substance. The revisions improve certain aspects of Incoterms 20 ...
Thursday, 26 September 19
INDIA INCREASES ITS ANNUAL COAL PRODUCTION BY 2.7% PER YEAR FROM 850 MILLION SHORT TONS IN 2018 TO 2 BILLION SHORT TONS BY 2050 - EIA
Worldwide coal production holds steady at about 8 billion short tons, or 160 quadrillion British thermal units (Btu), per year through 2040. Inc ...
Wednesday, 25 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
In the past five months there has been significant activity in the asset market with the dry bulk segment being by far the most volatile in terms o ...
Tuesday, 24 September 19
9TH ANNUAL SUPPLY CHAIN INNOVATION SUMMIT 2019 ASIA PACIFIC
Summit: 9th Annual Supply Chain Innovation Summit 2019 Asia Pacific
Host: Ace Events
Website: http: ...
Monday, 23 September 19
SUPRAMAX: THE ASIAN ARENA IT WAS A SLOW START, BUT DEMAND INCREASED AS THE WEEK WENT ON - BALTIC BRIEFING
Capesize
The market trended down over this past week, breaking the market out of its upward trending range. While the market traded sideways at ...
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- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
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