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Wednesday, 13 September 17
U.S. COAL EXPORTS FOR THE FIRST SIX MONTHS OF 2017 WERE 55% HIGHER COMPARED TO THE SAME PERIOD IN 2016 - EIA
EIACOALspot.com: EIA expects the share of U.S. total utility-scale electricity generation from natural gas to fall from an average of 34% in 2016 to about 31% in 2017 as a result of higher natural gas prices and increased generation from renewables and coal.

According to EIA, U.S Coal's forecast generation share rises from 30% last year to 31% in 2017. The projected generation shares for natural gas and coal in 2018 average 31% and 32%, respectively.

Coal production for August 2017 in U.S is estimated to have been 74 million short tons (MMst), 6 MMst (8%) higher than the same period last year. August is also the first month that had production higher than 70 MMst since October 2015. Production for the first eight months of 2017 is estimated to have been 528 MMst, 64 MMst (14%) higher than production for the same period in 2016. Production is expected to increase by 8% in 2017 and by 2% in 2018.

Coal exports for the first six months of 2017 were 55% higher than exports over the same period last year. EIA expects growth in coal exports to slow in the coming months, with exports for all of 2017 forecast at 73 MMst, 21% higher than the 2016 level.


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Recent News

Tuesday, 17 October 17
SULPHUR 2020: COMING, READY OR NOT - ALIBRA SHIPPING
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Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, ...


Monday, 16 October 17
INDONESIA TO INDIA COAL FREIGHT RATES STAY FIRM
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Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate ...


Friday, 13 October 17
THE SHORT-TERM OUTLOOK FOR THE PANAMAX MARKET REMAIN POSITIVE - FEARNLEYS
Supramax The market has picked up strongly since last week with the Chinese holidays. In the Pacific rates are increasing with some strong number ...


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