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Friday, 07 October 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALLED AN ESTIMATED 540.5 MMST; DOWN 21.9% Y-O-Y, SAYS EIA
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short tons (mmst) of coal in a week (For the week ended October 1, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 6.5% higher than last week's estimate and 6.7% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 6.3 mmst (up 6.77% week over week) and west of the Mississippi River produced totalled an estimated 10.5 mmst (up 1.94% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on October 6, 2016.
U.S. year-to-date (as of October 1, 2016) coal production totalled an estimated 540.5 mmst, 21.9% 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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- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- PTC India Limited - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- The University of Queensland
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
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