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Friday, 09 September 16
U.S. WEEKLY COAL OUTPUT DECLINED SLIGHTLY TO 16.1 MMST, EIA SAYS
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short tons (mmst) of coal in a week (For the week ended September 3, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 1% lower than last week's estimate and 15.2% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.8 mmst (up 1.72% week over week) and west of the Mississippi River produced totalled an estimated 10.2 mmst (up 1.99% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 8, 2016.
U.S. year-to-date (as of September 3, 2016) coal production totalled an estimated 470 mmst, 24.3% lower than the comparable year-to-date coal production in 2015.
According to EIA, U.S. coal production in August was 71 million short tons (MMst), an 6 MMst (9%) increase from the previous month but 12 MMst (14%) lower than in August 2015. In 2016, coal production is expected to decrease by 164 MMst (18%), which would be the largest decline in terms of both tons and percentage since at least 1949.
U.S's domestic coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 64 MMst (9%) in 2016, says EIA in its recent report.
EIA, further noted that, the decline is a result of both competition with low-priced natural gas and relatively mild weather in the first half of 2016 that reduced overall electricity generation.
Coal Exports
According to EIA's Quarterly Coal Report, the first quarter 2016 U.S. coal exports (14.2 million short tons) decreased 7.5% from fourth quarter 2015 and decreased 35.6% from first quarter 2015. However, the EIA’s Short-term energy outlook noted that, U.S. Coal exports in June 2016 were 1 MMst (29%) higher than in the previous month, but exports for the first six months of 2016 were 32% (13 MMst) lower than the amount exported in the first half of 2015.
EIA forecasts that, the U.S. coal exports to decline by 19 MMst (25%) in 2016 to 55 MMst, the lowest level in 10 years. Exports are expected to decline by 4 MMst (8%) in 2017.
Coal Imports
EIA further says in its Quarterly Coal Report, continued to import coal primarily from Colombia (81.2%), Canada (8.9%), and Indonesia (7.4%). U.S. coal imports in first quarter 2016 totaled 2.7 million short tons. The average price of U.S. coal imports during the first quarter 2016 was $63.97 per short ton.
Source: EIA
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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 ...
Wednesday, 20 July 16
EDIBLE OIL MARKETS ACROSS THE GLOBE REMAIN UNDER PRESSURE - STELIOS KOLLINTZAS
The edible oil markets across the globe remain under pressure on the back of lackluster demand. Some of the main factors causing the low activity a ...
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- Karbindo Abesyapradhi - Indoneisa
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- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
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- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
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- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
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- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
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- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
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- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Romanian Commodities Exchange
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- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
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- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Australian Coal Association
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- The State Trading Corporation of India Ltd
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- Electricity Generating Authority of Thailand
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- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
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- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
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- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
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- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
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- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
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- Xindia Steels Limited - India
- London Commodity Brokers - England
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- White Energy Company Limited
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
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- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
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- Thiess Contractors Indonesia
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- Grasim Industreis Ltd - India
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
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- TNB Fuel Sdn Bhd - Malaysia
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- Ceylon Electricity Board - Sri Lanka
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- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
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