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Wednesday, 01 July 20
COLOMBIA'S COAL EXPORT VOLUMES HAVE STEADILY DECLINED IN RECENT YEARS - BANCHERO COSTA
 Colombia is the world’s fifth largest seaborne exporter of coal, coming after Australia, Indonesia, Russia and the USA.
Export volumes from this South American country have steadily declined in recent years, as it is being penalized by declining coal demand in the Atlantic basin, and its distance from the more resilient Asian markets, says Banchero Costa Research in its latest report.
According to Banchero Costa Research, total seaborne coal exports from Colombia in the 12 months of 2019 reached 74.0 mln tonnes, -5.0% y- o-y, according to Refinitiv vessel tracking data.
The majority of coal cargos from Colombia in 2019 were Capesize- sized, with 59.7% of total volumes being in stems of over 130,000 tonnes. The vast majority of Colombian coal exports are loaded on the northern (Caribbean) coast of the country.
Banchero Costa Research further noted that, the three main ports there are Puerto Drummond, which accounted for 28.6 mln tonnes in 2019, and Puerto Bolivar with 24.3 mln tonnes in 2019. Other ports nearby are Puerto Nuevo, from where 16.9 mln tonnes of coal were loaded in 2019, and Santa Maria with 2.7 mln tonnes. The only major port on the western (Pacific Ocean) coast of Colombia is Buenaventura, from where 1.4 mln tonnes of coal were loaded in 2019.
The Aguadulce terminal at Buenaventura port has been building up operations since its launch in March 2017, with facilities to load Panamax, Handymax and Supramax vessels.
Japan is currently the main destination for shipments from Buenaventura, with South Korea, India and Chile also receiving some coal from the port.
In the first 5 months of 2020, Banchero Costa Research said, Colombia exported at least 25.9 mln tonnes of coal by sea. This represents a net decline of -12.0% y-o-y, compared to the 29.5 mln tonnes exported in the same five-month period of 2019.
On a single-month basis, January 2020 was very fairly for that time of the year, +5.2% y-o-y from January 2019 at 5.2 mln tonnes. In February, volumes from Colombia increased further to 6.3 mln tonnes, +21.9% m-o-m, and +19.8% year-on-year. It went rather downhill from there. In March 2020, coal loadings from Colombian ports declined sharply to just 5.6 mln tonnes, down -11.4% m-o-m and -20.4% y-o-y.
Banchero Costa Research further said, April 2020 saw a further decline to just 4.7 mln tonnes, -15.1% m-o-m and -10.8% y-o-y. In May 2020 numbers were terrible, with 4.2 mln tonnes, down -10.7% m-o-m, and -40.2% y-o-y. Volumes to Europe have really collapsed in recent years.
Of total exports this year from Colombia, only 6.3% or 1.6 mln tonnes were destined for Europe. This compares with 32.2% and 11.6 mln tonnes in 2017.
Volumes to Europe this year declined by -70.7% y-o-y. And this follows a -32.8% decline last year, and a -29.1% decline two years ago. With this trend, we should probably expect this trend to ground to zero by 2022. On the other hand, shipments to India have increased to 2.7 mln tonnes, up from just 0.2 mln tonnes in the same period last year. India is now the destinations of 10.3% of Colombia’s exports.
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Monday, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration ...
Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...
Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize
The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...
Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...
Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections
BP’s a ...
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- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
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