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Wednesday, 29 January 20
INDONESIA REMAINS AT THE TOP SPOT IN 2019 AS THE LARGEST SUPPLIER OF COAL TO INDIA WITH 91.3 MLN TONNES - BANCHERO COSTA
Despite repeated promises from India’s government to reduce the country’s coal imports and increase domestic self-reliance, volumes just continue to rise. In the 12 months of calendar 2019, India imported 206 mln tonnes of coal, including both thermal coal and coking coal, but excluding petcoke, based on Refinitiv vessel tracking data, Banchero Costa said in its latest weekly report.
According to Banchero Costa. this represented an increase of +5.1% y-o-y from the 195.9 mln tonnes imported in 2018, and was +11.0% more than the 185.6 mln tonnes imported in 2017. What is surprising, is that imports are rising despite India’s sharpest economic slowdown since the global financial crisis. Logistical challenges, heavy rains and frequent strikes and protests have hit output at state-run Coal India, which accounts for more than four-fifths of India’s coal production.
Banchero Costa further noted in its report that, utilities in particular increased coal imports in 2019 despite electricity demand growing at the slowest pace in six years as the broader economic slowdown stifled industrial output. The biggest increase reportedly came from Adani’s “Ultra mega” power plant in Mundra, Gujarat state, with its shipments rising 75% to 17.35 mln tonnes. There has also been some reshuffling in trade patterns, as some suppliers have benefitted more than others. Indonesia remains at the top spot in 2019 as the largest supplier of coal to India with 91.3 mln tonnes, +10.5 percent y-o-y and now accounting for 44 percent of India’s total seaborne coal imports.
Australia, however, shipped only 44.5 mln tonnes of coal to India in 2019, down by -4.3% y-o-y. Nevertheless, Australia remains in second place, accounting for 22% of India’s total seaborne coal Imports said Banchero Costa.
According to Banchero Costa , South Africa shipped 37.4 mln tonnes of coal to India in 2019, up +1.6% y-o-y. South Africa is in third place, accounting for 18% of India’s total imports. Volumes from the USA have significantly declined this year.
India imported 12.2 mln tonnes of coal from the USA in 2019, down by -22.4% y-o-y. The USA still account for 6% of India’s imports. Imports from Russia surged by +33.1% y-o-y to 6.8 mln tonnes. Shipments from Canada also increased, by +8.6% y-o-y, to 6.1 mln tonnes.
Banchero Costa also reported port wise break up for coal imports. The main import terminals on India’s North-West Coast are: Mundra in Gujarat (29.7 mln tonnes in 2019), Kandla in Gujarat (14.2 mln tonnes in 2019), Hazira in Gujarat (11.3), Navlakhi in Gujarat (5.9), Dahej in Gujarat (4.2), Jaigad in Maharashtra (6.4), and Mumbai in Maharashtra (3.9).
On the South–West coast we have: Marmugao in Goa (8.1 mln tonnes in 2019), and New Mangalore in Karnataka (4.3). On the North-East coast: Haldia in West Bengal (5.9 mln tonnes in 2019), Paradip in Orissa (16.6), and Dhamra in Orissa (13.8). On the South-East coast: Krishnapatnam in Andhra (19.1 mln tonnes in 2019), Gangavaram in Andhra (18.9), Visakhapatnam in Andhra (16.0), Kakinada in Andhra (3.3), Ennore in Tamil Nadu (8.8), Tuticorin in Tamil Nadu (6.2), and Karaikal in Puducherry (3.4).
Banchero Costa also further noted that, out of the total 206 mln tonnes of coal shipped to India last year, only roughly 68 mln tonnes (33 percent) were shipped on Capesize vessels, about 81 mln tonnes (39 percent) on Panamaxes or Post-Panamaxes, about 55 mln tonnes on Supramaxes (27 percent), with only sporadic cargoes on Handies.
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Tuesday, 04 February 20
CAPE: THE AVERAGE EARNINGS PER DAY FELL BENEATH THE USD 4,000, A LEVEL CONSIDERABLY BELOW EVEN THE MOST CONSERVATIVE OPEX LEVELS - ALLIED
The recent slump in the dry bulk freight market may well have been expected to some degree, but despite this the shock was still overwhelming when ...
Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...
Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...
Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize
The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...
Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...
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- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Economic Council, Georgia
- White Energy Company Limited
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Marubeni Corporation - India
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