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Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
 After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the full 12 months of 2022, total global seaborne coal loadings increased by +5.9% y-o-y to 1208.0 mln t (excluding cabotage), from 1140.4 mln t in the full 12 months of 2021, although still below the 1275.6 mln t in Jan-Dec 2019, Banchero costa research says in its latest report.
The worst was at start of the year, with a positive trend in later months.
According to Banchero costa, In 1Q 2022, global loadings were down 4.8% y-o-y to just 258.0 mln t, and down 17.4% from 1Q 2019. In 2Q 2022, coal loadings were a strong +8.4% y-o-y at 314.0 mln t, and down -3.6% from 2Q 2019. In 3Q 2022, shipments increased again to 317.7 mln t, up +6.3% y-o-y, and just -0.5% from 3Q 2019. In 4Q 2022, loadings were 318.3 mln t, up +13.3% y-o-y from 4Q 2021, and -0.1% from 4Q 2019.
In Jan-Dec 2022, Banchero costa also noted that, exports from Indonesia increased by +21.0% y-o-y to 388.4 mln t, whilst from Australia were down -5.0% y-o-y to 340.1 mln t, and from Russia were up +3.1% y-o-y to 182.5 mln t. Seaborne coal imports into the European Union surged by +33.8% y-o-y to 116.5 mln t in Jan-Dec 2022, whilst imports to India increased by +13.6% y-o-y to 204.0 mln t, and imports to China declined by -3.3% y-o-y to 234.9 mln t.
Australia is now the second largest exporter of coal worldwide, with 28.2% of global seaborne coal exports last year, having been overtaken by Indonesia which had a 32.2% share in Jan-Dec 2022. Coal shipments from Australia have drastically affected in recent years by the country being backlisted by Mainland China, previously Australia’s largest customer. That said, Australian exporters have been relatively successful in finding new markets limiting the impact on overall volumes.
According to Banchero costa, in 2020, Australian coal exports fell sharply by -7.8% y-o-y to 357.7 mln t, from 388.0 mln tonnes in 2019. In 2021, volumes out of Australia remained essentially flat at 358.2 mln t, or +0.1% y-o-y. In the 12 months of 2022, shipments from Australia declined further by -5.0% y-o-y to 340.1 mln tonnes.
The main coal export terminals in Australia are Newcastle (137.3 mln tonnes loaded in Jan-Dec 2022), Hay Point (95.2 mln t), Gladstone (61.2 mln t), Abbot Point (32.4 mln t), Port Kembla (7.9 mln t), Brisbane (5.0 mln t), Port Hedland (0.9 mln t)
The majority (51%) of coal volumes shipped from Australia in 2022 were loaded on Panamax or Post-Panamax tonnage, with 45% of volumes shipped on Capesize vessels, and 4% on Handy or Supra tonnage.
Banchero costa research further noted that, there have been quite remarkable reshuffles in terms of trade patterns over the last few years, driven by political considerations. Coal exports from Australia to Mainland China declined by -98.7% y-o-y in Jan-Dec 2021, to just 0.9 mln tonnes, from 70.4 mln t in 2020. In 2022, shipments from Australia to China actually ticked a bit higher, to 2.9 mln tonnes, but of course it was still a tiny fraction of the pre-2021 volumes.
Pretty much the opposite happened to India. In 2021, Banchero costa said, Australia exported 68.6 mln t of coal to India, up +45.1% y-o-y, from 47.3 mln in 2020. In 2022, however, shipments from Australia to India slowed down by -21.5% y-o-y to 53.9 mln tonnes, due to a greater availability of Indonesian coal. A similar pattern was also seen to South Korea. Australia exported 62.3 mln t to Korea in 2021, up +34.6% y- o-y from 46.3 mln t in 2020.
In 2022, however, shipments to South Korea declined by -23.3% y-o- y to 47.8 mln tonnes, Banchero costa research report said.
The top destination however is still Japan, with 115.0 mln tonnes in 2021, up +14.6% y-o-y, and 119.4 mln tonnes in 2022, up +3.9% y-o-y. Japan is now the destination for 35.1% of Australia’s coal exports, with India 15.8%, Korea 14.1%,Taiwan 9.2% and the EU at 7.7%.
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Parliament of New Zealand
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
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