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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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Monday, 21 March 22
A FORCE MAJEURE TO BE RECKONED WITH - BALTIC EXCHANGE
Sanctions cause payment confusion
This dispute in MUR Shipping BV v. RTI Ltd [2022] EWHC 467 (Comm) related to an owner’s purported exercis ...
Monday, 21 March 22
CHINA'S COAL OUTPUT UP 10.3 PCT IN FIRST TWO MONTHS - XINHUA
China’s raw coal output posted fast growth in the first two months of 2022, while coal imports continued to shrink, official data showed.
...
Tuesday, 15 March 22
INDUSTRY VETERANS & ORGANIZATIONS HONOURED WITH THE PRESTIGIOUS SHIPTEK INTERNATIONAL AWARDS 2022
Press Release: The 15th edition of the prestigious ShipTek International Conference & Awards 2022 concluded successfully from March 7th - 8th 2 ...
Tuesday, 15 March 22
CHINA'S COAL OUTPUT GROWS TO STABILIZE MARKET SUPPLY - XINHUA
China’s coal market has seen growth in output since late February amid the country’s efforts to stabilize production and ensure supply, ...
Tuesday, 08 March 22
RUSSIA-UKRAINE CONFLICT ADDS IMPETUS TO ASIA'S ENERGY TRANSITION - IEEFA
Clean energy alternatives are a crucial hedge against future disruptions in global commodity markets
Russia’s invasion of Ukra ...
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- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- PTC India Limited - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Bharathi Cement Corporation - India
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