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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, 28 November 14
NEW BIMCO CLAUSE AIMS TO REDUCE SUPPLIERS' RELIANCE ON SHIP ARREST FOR CHARTERERS' UNPAID BUNKERS
KNOWLEDGE TO ELEVATE
Ship owners can, on occasion, find themselves in the invidious position of suffering unexpected loss of hire due to a tim ...
Friday, 28 November 14
JSW ENERGY AND GRM RESOURCES JOIN GLOBALCOAL
COALspot.com: globalCOAL® announced yesterday that two new Market Members have joined its online coal trading platform. According globaCOAL&rsq ...
Thursday, 27 November 14
MINING SERVICES TAX SPIKED BY 233% - BISNIS INDONESIA
COALspot.com: The Energy and Mineral Resources Department of Indonesia said the tax contribution from mining services sector in the 3rd Q 2014 ...
Thursday, 27 November 14
PANAMAX : EXPECTATION'S FOR A STRONG END OF YEAR RUSH, DISAPPEAR DAY BY DAY - FEARNLEYS
Handy
“We have experienced a firming market the last couple of weeks. More activity from cargo owners in the Atlantic and less available to ...
Wednesday, 26 November 14
OVERSUPPLY OF TONNAGE PUSHED PANAMAX SEGMENT DOWN FOR ANOTHER WEEK
COALspot.com: The Dry Bulk market managed to reverse its course from the week prior and with the sole exception of the Panamax segment, we witnesse ...
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- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- The Treasury - Australian Government
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
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