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Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
 Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, said Banchero Costa in its latest weekly report. Despite all the global talk about “going green” and “fight on carbon”, coal trade was still growing strongly until 2019. It expanded by +2.5% in 2019 and by +3.2% in 2018.
However, Banchero Costa said, Covid-19 and its associated lockdowns proved a body blow. Despite all the noise about the Chinese ban on Australian coal in the final part of the year, China was actually still one of the best performers in the year. China’s seaborne coal imports in 2020 declined by -8.2% y-o-y to 242.0 mln tonnes.
According the report, India, the world’s second largest importer of coal, was more strongly affected; imports were down by -11.4% y-o-y to 186.0 mln tonnes. But the worst performer by far was the European Union.
Seaborne coal imports into the EU27 (excluding the UK) crashed by -32.4% y-o-y in the 12 months of 2020 to just 68.6 mln tonnes, from 101.5 mln tonnes in 2019. This was also -44.1% down from the 122.6 mln tonnes imported in 2018. and -48.0% down from the 131.9 mln tonnes imported in 2017.
The report further noted that, clearly, the trend was already there for some time. It took a sharp acceleration in 2020. The main coal import terminals in the European Union (27) are: Rotterdam in the Netherlands (15.7 mln tonnes discharged in 2020), Amsterdam Netherlands (5.3 mln tonnes), Hamburg Germany (4.6 mln tonnes), Gdansk Poland (4.2), Dunkirk France (3.2), Ljmuiden Netherlands (3.2), Gijon Spain (2.5), Fos France (2.1), Ghent Belgium (1.9), Taranto Italy (1.7), Vlissingen Netherlands (1.5), Civitavecchia Italy (1.5), Brindisi Italy (1.3), Koper Slovenia (1.3), Porto Torres Italy (1.1), Bakar Croatia (1.1), Gdynia Poland (0.9), Oxelosund Sweden (0.9), P. Marghera Italy (0.9)
According to the report, coal shipments into the EU were hit particularly hard in the first half of the year, and improved somewhat in the final quarter. In the first 3 months of 2020, the EU imported 17.6 mln tonnes of seaborne coal, down -42.8% y-o-y. The winter period was traditionally the strongest period of the year, driven by heating requirements.
The second quarter of 2020 saw shipments of 15.5 mln tonnes into the EU, down -39.5% y-o-y.
In the third quarter, imports improved marginally to 16.1 mln tonnes, which was down -27.3% y-o-y from the same quarter in 2019. The fourth quarter of 2020 saw the best volumes of the year, jumping to 19.3 mln tonnes, but this was still down -15.4% on a year-on-year basis.
We now expect arrivals in Jan-Feb period of 2021 to reach 13.0 mln tonnes, which would be a +3.4% y-o-y improvement on the same two-month
period last year, said Banchero Costa.
In terms of sources of the shipments, things didn’t change too much.
Arrivals from Russia proved most resilient, declining by -11.2% y-o-y to 30.7 mln tonnes in 2020. Russia remains by far the top supplier of seaborne coal to the EU, accounting for 44.7% of volumes in 2020.
The vast majority of Russian coal shipments to Europe are loaded at Baltic (Gulf of Finland) ports. 58% of last year’s cargoes were shipped from the port of Ust-Luga, and 7% from Vysotsk. Outside the Baltic Sea, about 25% of volumes were shipped from the northern port of Murmansk, and about 6% were loaded in the Black Sea port of Novorossiysk.
The report also said, After Russia, the second largest exporter of coal to Europe is the USA. Shipments from the USA to the EU were down -38.0% y-o-y to 12.1 mln tonnes in 2020, with a share of 17.7% of Europe’s seaborne coal imports. Imports from Australia were down -30.6% y-o-y to 11.0 mln tonnes.
Shipments from Colombia to the EU plunged by -58.1% y-o-y to 5.3 mln tonnes.
Imports from other EU countries crashed by -67.7% y-o-y to 1.6 mln tonnes. Volumes are also down by -87.5% from the 12.8 mln tonnes of 2018. This is largely due to Russia diverting cargoes from Latvian ports to its own Baltic ports like Ust-Luga.
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Wednesday, 07 April 21
KOMIPO ISSUED A TENDER FOR TOTAL 1,560,000 METRIC TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for total 1,560,000 Metric Tons of Bituminous coal for i ...
Wednesday, 07 April 21
MARKET INSIGHT - INTERMODAL
Following the end of the catholic easter, during which the majority of shipping market participants were on holidays, it is interesting to note a f ...
Wednesday, 07 April 21
COAL USED TO GENERATE ELECTRIC POWER IN U.S. WILL INCREASE BY 13 PERCENT TO 495 MMST IN 2021 - EIA
EIA expects U.S. coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. In 2022, EIA expects coal production to grow by an addi ...
Wednesday, 31 March 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.12 PCT - XINHUA
China Taiyuan coal transaction price index stood at 139.03 points Monday, up 0.12 percent week on week.
The index, released by China ...
Wednesday, 31 March 21
MARKET INSIGHT - INTERMODAL
Over the past week, the biggest story has been the blockage of the Suez Canal, as a result of the grounding of the container ship Ever Given. At th ...
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- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
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