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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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Sunday, 12 July 15
SHIPYARD NOT LIABLE FOR ENGINE ROOM FIRE CAUSED BY OIL LEAKAGE - BIRCH WINDAHL
KNOWLEDGE TO ELEVATE
A Danish vessel owner requested a Danish shipyard to undertake repairs and maintenance works on its vessel. An agreement ...
Saturday, 11 July 15
MAJOR IRANIAN GAS EXPORTS WILL TAKE AT LEAST FIVE YEARS - FITCH
Iran has the long-term potential to become one of the world's top gas producers, thanks to its 34 trillion cubic meters (tcm) of natural gas re ...
Friday, 10 July 15
DRY BULK MARKET KEEPS POSITIVE MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its positive momentum over the course of the past few days, thanks to Panamax gains. During yesterday’s session ...
Friday, 10 July 15
U.S PRODUCED APPROXIMATELY TOTALED AN ESTIMATED 14.1 MMST WEEK OVER WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 14.1 million short ...
Thursday, 09 July 15
CPP MARKET : POSITIVE IN THE SHORT TERM - GEORGE VASTARDIS
Despite the traditionally quieter summer period, the clean tanker market has so far experienced healthy activity especially East of Suez. Increased ...
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- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Xindia Steels Limited - India
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