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Wednesday, 20 July 22
INDONESIA’S COAL EXPORTS TO THE EU INCREASED SIGNIFICANTLY RECENTLY
European countries have increased coal imports from Indonesia due to the energy crisis that hit the region after Russia cuts gas exports to Europe. Indonesia has exported more than doubled volumes of coal to EU countries recently.
 
According to the Central Statistics Agency (BPS) of Indonesia, US$ 191.2 million worth of coal exported to the EU in the second quarter of this year, a 143.72 percent up from US$ 78.4 million in the previous quarter. The European Union (EU) is an economic and political union of 27 countries. Out of 27 countries, around four countries have imported more coal from Indonesia. US$ 111.7 million worth of coal has been imported from Italy. The Netherlands imports have reached US$ 79.2 million worth of coal followed by Poland, which has imported US$ 43.2 million worth coals. The Switzerland has imported US$ 15.5 million worth of coal.
 
The total value of coal exports from Indonesia for first 6 months has reached US$ 4.56 billion, up136. 63% compared to the same period in 2021.


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Recent News

Tuesday, 25 May 21
KOREA SOUTHERN POWER INVITED BIDS FOR 870,000 MT OF MIN 5300 NCV COAL FOR 2021 TO 2023.
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 870,000 MT of Min 5,300 kcal/kg NCV coal for Augu ...


Tuesday, 25 May 21
CHINA’S COAL OUTPUT RISES IN FIRST FOUR MONTHS - XINHUA
China’s raw coal output rose 11.1 percent year on year to 1.29 billion tonnes in the first four months of 2021, official data showed. &nb ...


Tuesday, 25 May 21
MARINE SHIPPERS BULK UP: ANOTHER GAME OF CHICKEN IN THE WORKS? - THE KOREA TIMES
Global shipping companies have been placing orders for large ships, with many anticipating further increased competition within the next three year ...


Friday, 21 May 21
MARKET INSIGHT - INTERMODAL
The dry bulk market’s counter seasonal surge so far into the first half of the year -in a sort of 2010 manner - and Capesize’s recent r ...


Wednesday, 12 May 21
U.S. COAL PRODUCTION TO INCREASE BY 43 MMST IN 2021 TOTAL 582 MILLION SHORT TONS - EIA
U.S. energy Information Administration expects U.S. coal production to total 582 million short tons (MMst) in 2021, 43 MMst (8%) more than in 2020. ...


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