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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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Monday, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...
Monday, 25 July 16
THE BDI FELL ON WEAKER RATES FOR CAPESIZE & PANAMAX VESSELS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Cape and Panamax segments ending in neg ...
Friday, 22 July 16
U.S COAL OUTPUT ROSE 17.2% WEEK OVER WEEK - EIA
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 15.1 million short tons (mms ...
Thursday, 21 July 16
WHAT TO DO WHEN YOU DON'T GET PAID - SHIPOWNERS CLUB
Present market conditions have led to an increase in claims related to unpaid hire. To recover unpaid hire, Owners need to fully understand who the ...
Thursday, 21 July 16
CONSTRUCTIVE TOTAL LOSS: WHAT GOES IN TO CALCULATING QUANTUM? - HILL DICKINSON
KNOWLEDGE TO ELEVATE
The Commercial Court recently delivered its judgment in an important case (Connect Shipping Inc and Machrimar Management ...
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- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Planning Commission, India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
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