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Wednesday, 01 June 16
INDIA'S COAL IMPORTS IN APRIL 2016 DECLINED 15% Y/Y; COAL INDIA INCREASED COAL PRICES BY 6.2%
 Coal India has approved raising weighted average coal prices by 6.2 per cent over the current price for both regulated and non-regulated sectors.
Due to this revision, CIL will earn additional revenue of around US$ 480,951,515 for the balance period of financial year 2016-17.
The reports further noted that, CIL has also approved the differential price for Non-Regulated Sector at a reduced rate of 20 per cent against 35 per cent earlier over the price of regulated sector for G6 to G17 grades of coal for all subsidiaries of CIL.
In increase in coal prices by India’s biggest producer will boost generation costs and could further reduce demand from cash-strapped regional power retailers already curtailing purchases because they can’t afford the cost of electricity, says Bloomberg.
According to Bloomberg, coal accounts for more than 60 percent of India’s power generation capacity and more than 75 percent of the nation’s electricity production. Bloomberg further said that, according to power producer NTPC Ltd., the price increase is expected to boost generation tariffs by as much as US$ 0.0022 a kilowatt hour, or about 5 percent.
India has witnessed a steady decrease of coal imports in recent times. According IEEFA, India’s coal imports in April 2016 declined 15% year on year (yoy). The calendar year to-April 2016 saw a record 18.7% yoy decline in imports to 64.3 million tonnes (Mt). In value terms, Indian coal imports declined 32% yoy from US$1,355m to US$913m in April 2016. This is a significant saving that is reducing India’s current account deficit and stabilizing the currency.
IEEFA forecasts a 30% decline in global traded thermal coal demand by 2021 relative to 2015 levels. Declining demand in each of the three largest import markets – China, Japan and now also India – overrides growth in the rest of Asia.
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Wednesday, 15 June 16
THE DRY BULK PRICES CORRECTED UPWARDS ROUGHLY 15% - KONSTANTINOS KONTOMICHIS
Once more, the international shipping community turned its attention to Greece and more specifically to Attica that hosted Posidonia, the biggest m ...
Tuesday, 14 June 16
CS COAL INDICES ROSE UP FOR A THIRD STRAIGHT WEEK; 4200 GAR COAL UP 0.73%
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up 0.54 percent week over week to averaging $39.37 per ton this past week, shows ...
Monday, 13 June 16
DEMAND FOR DRY BULK COMMODITIES COULD PROVIDE FUTURE BOOST FOR SHIP OWNERS - HELLENIC SHIPPING NEWS
When it comes to the dry bulk market, shipowners these days are looking for news in any shape or form they can find them. However, as the discussio ...
Monday, 13 June 16
ONSHORE SHALE: WORTH KEEPING IN THE SHIPPING SPOTLIGHT CLARKSONS
Generally, shipping industry watchers spend much of their time monitoring events out to sea: how fleets are evolving, trade volumes growing and fre ...
Monday, 13 June 16
PORT OF NEWCASTLE SHIPPED 5.03% MORE COAL IN MAY; AVERAGE SELLING PRICE DECLINED 2.08% FROM APRIL
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1.162bill ...
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- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- MS Steel International - UAE
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- The University of Queensland
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
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