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Monday, 03 August 20
U.S. COAL CONSUMPTION, WHICH HAS DECLINED SINCE ITS 2007 PEAK, FELL TO ITS LOWEST POINT IN APRIL 2020 - EIA
 According to the U.S. Energy Information Administration’s (EIA) most recent Monthly Energy Review, the United States consumed 6.5 quadrillion British thermal units of energy in April 2020, the lowest monthly energy consumption since September 1989. Energy consumption in April 2020 was 14% lower than in April 2019, the largest year-over-year decrease in EIA’s monthly total energy consumption, a data series that dates back to 1973.
Before April 2020, the largest year-over-year change in U.S. total energy consumption occurred between December 2000 and December 2001, when consumption decreased by about 10% because of economic and weather-related factors. The third-largest decrease was between March 2019 and March 2020.
April is a month with relatively low energy consumption in the United States: in 14 of the past 20 years, April has been the month with the lowest total energy consumption in the year. April’s typically mild temperatures reduce energy demand for heating and cooling. In 2020, April was the height of stay-at-home measures enacted to mitigate the spread of COVID-19, which caused a large drop in transportation, industrial, and commercial sector energy consumption.
According to EIA, coal consumption, which has declined since its 2007 peak, fell to its lowest point in EIA’s monthly records in April. The 27.4 million short tons of coal consumed in April 2020 was 27% less than the 37.4 million short tons consumed in April 2019. The electric power sector accounted for nearly all of coal’s year-over-year decline, falling from 33.5 million short tons to 23.6 million short tons from April 2019 to April 2020.
EIA also forecasts total U.S. coal production will decrease by 29% to 501 million short tons (MMst) in 2020. This decline largely reflects less demand for coal from the electric power sector and the coal export market. In 2021, EIA expects coal production to increase by 7% to 536 MMst because of forecast rising natural gas prices that make coal more competitive in the electric power sector.
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Friday, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a ...
Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
&nb ...
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- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Planning Commission, India
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
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