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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, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...
Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE
A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...
Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...
Wednesday, 24 February 16
HOW IS THE FUEL MIX FOR U.S. ELECTRICITY GENERATION CHANGING? - EIA
In recent years, there have been changes in the mix of fuels used to generate electricity in the United States. Natural gas and renewable energy so ...
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- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- The University of Queensland
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
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