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Monday, 11 June 18
AUSTRALIAN COAL PRICES HIT 6-YEAR HIGH AS ASIA DEMAND SPIKES - REUTERS
 Australian thermal coal prices have risen to their highest level since 2012 as hot weather across North Asia spurs buying ahead of the peak summer demand season.
Spot prices for thermal coal cargoes for export from Australia’s Newcastle terminal last closed at $115.25 per tonne, the highest level since February 2012.
Thermal coal, the world’s most used fuel for electricity generation, has surged by 130 percent since its record lows below $50 per tonne in 2016 following a years-long decline.
Prices have been driven up by economic growth, especially in Asia, along with constraints on supply due to earlier mine closures and high hurdles to developing new mines amid concerns about pollution and global warming.
In recent weeks, a heat-wave in North Asia and restocking ahead of the hottest summer months in July and August have led to soaring demand for both residential and industrial cooling, traders said.
Weather data in Thomson Reuters Eikon shows that large parts of North Asia, including cities like Beijing and Tokyo have experienced unusually warm weather since late May.
TRAFFIC JAM
Supply disruptions from South African miners have also pushed up Newcastle prices, as buyers shifted towards Australia to meet demand.
“Supply is tight out of Australia. What has also happened is exports out of South Africa are down… That opens up the market for more Australian coal into Asia,” said Shane Stephan, Managing Director at New Hope, Australia’s third largest independent coal producer.
The increased demand for the North Asian summer has led to a traffic-jam of dozens of ships waiting at Newcastle to load coal.
“You are seeing some real competition for access to thermal coal during this restocking phase in Asia,” Stephan said. “I suspect that pricing could go a little higher yet.”
The bull-run is providing Australian coal miners like New Hope and Whitehaven Coal with a revenue boost in an industry that is being increasingly shunned by investors because of its high levels of pollution.
New Hope shares have more than doubled from their 2016 lows, to around A$2 a share, while Whitehaven shares have jumped 16-fold from their 2016 lows, to almost A$6.
Australian coal miners like Whitehaven and New Hope have far outperformed even companies specialising in the booming liquefied natural gas (LNG) market, such as Australia’s Santos Ltd, which in May rejected a $10.8 billion takeover offer.
Source: Reuters
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Wednesday, 13 June 18
SHIPPING MARKET INSIGHT - SOPHIE COTZIAS
2018 marks quite a few milestones for Greek Shipping. No need to detail again the greatness of Greek Shipping or the singular position that Greek s ...
Monday, 11 June 18
ANALYSING A NEW AGE OF AUTONOMOUS VESSELS - IMO
The International Maritime Organization answers the questions of Government Europa on how the next generation of autonomous vessels can be regulate ...
Friday, 08 June 18
AUSTRALIAN THERMAL COAL PRICES SURGE AS ASIA DEMAND HEATS UP - REUTERS
Australian thermal coal prices have hit their highest level since late 2016 as the market heats up on strong demand across North Asia and China in ...
Wednesday, 06 June 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
As observed last month the price of oil hit its highest level since November 2014 reaching $80 per barrel. Global oil demand growth for 2018 was sl ...
Tuesday, 05 June 18
SOUTH KOREA'S SULPHUR CAP ALTERS ASIAN COAL MARKET DYNAMICS: RUSSELL
South Korea’s imposition of a strict sulphur cap on its imported coal is likely to cause ripples across Asia’s markets for the pollutin ...
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- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- The University of Queensland
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
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