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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices higher in the short term, with strong realised prices in 2022 boosting its annual revenue.
The comments come after China, Australia’s largest coal importer and trade partner, earlier this month lifted an unofficial ban on coal imports and others commodities from the country after a nearly three-year long geopolitical tussle.
The Brisbane, Queensland-based miner, which has not typically sold coking coal to China, said last week it had received enquires for long-term supply as Beijing lifted its unofficial ban on coal imports from Australia.
“Coronado expects Australian metallurgical (met) coal imports to China to return in 2023 and displace lower quality and higher cost Chinese domestic or U.S. met coal production, particularly to the Chinese steelmakers in southern regions,” the company said.
Chief Executive Officer Gerry Spindler said he expects met coal prices to remain above historical averages throughtout 2023 due to the ongoing trade constraints for Russian coal and elevated thermal coal demand and prices.
The coal miner posted annual revenue of $3.57 billion, 66% higher than last year with average realised prices more than doubling to $303.1 per tonne.
However, its coal sales volume for the year fell 7.7%, sending shares of Coronado Global 3.3% lower to A$2.07 at 0336 GMT.
Source: Reuters
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Wednesday, 17 August 22
PAXOCEAN, HONG LAM MARINE AND BUREAU VERITAS SIGN MOU TO DEVELOP AMMONIA BUNKER VESSEL DESIGN - BUREAU VERITAS
PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and class ...
Wednesday, 17 August 22
GOODFUELSS ASIA-PACIFIC BRANCH KICKSTARTS SUSTAINABLE BIOFUEL DELIVERIES WITH NYK AS FIRST CLIENT - GOOD FUELS
GoodFuels, the leading biofuels pioneer for the global transport industry, has today announced that it has successfully supplied sustainable marine ...
Tuesday, 16 August 22
EU BAN ON RUSSIAN COAL IMPORTS COMES INTO FORCE - DEUTSCHE WELLE
The European Union banned Russian coal imports in response to the invasion of Ukraine as part of sanctions in April. Since then, it’s been sc ...
Thursday, 11 August 22
MARKET INSIGHT - INTERMODAL
On July 22nd, Ukraine signed a deal with Russia to release 22mn tons of grain from Ukraine’s 3 major ports (Yuzhny, Chornomorsk, Odesa). Such ...
Wednesday, 10 August 22
THE FUTURE OF COAL: EIGHT KEY THEMES FROM THE GLOBAL COAL FORUM - WOOD MACKENZIE
Coal investors face a multi-layered and unavoidable challenge: markets distorted by war, trade constraints and the existential threat of the energy ...
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- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- The Treasury - Australian Government
- The University of Queensland
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Australian Coal Association
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
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