COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 24 November 23
COAL SHIPMENTS TO ADVANCED ECONOMIES DOWN 17% SO FAR IN 2023 - BIMCO
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electricity produced using renewable energy rose. Also slowed economic activity and high energy prices affected electricity demand.
 
Between January and August, electricity production in advanced economies fell by 4% y/y, according to data from the International Energy Agency. In 2023, measures against high inflation slowed economic growth in advanced economies. The International Monetary Fund estimates GDP in advanced economies will grow by only 1.5% in 2023 compared to 2.6% in 2022, and some economies in Europe are even expecting negative growth. As a result, industrial production weakened in several of these economies, further affecting electricity demand.
 
Thermal coal accounted for 68% of coal shipments which fell by 22% y/y, between January and October this year. Thermal coal is used for electricity generation and is being phased out across many advanced economies in favour of renewable energy. Coking coal imports by advanced economies also fell, but only 2%, due to lower steel production in the EU, Japan and South Korea.
 
In 2023, advanced economies’ imports of seaborne coal could reach the lowest level since 2002. Imports fell in most of these markets, but the decline was most significant in the EU. After it boosted imports in 2022 in response to an energy crisis, volumes retreated once again and are now below 2021 levels.
 
Advanced economies import 32% of the world’s seaborne coal shipments. Japan, Korea, the EU and Taiwan are the largest importers, accounting for 94% of all coal shipments to advanced economies. Australia is the origin of 40% of these cargoes, favoured for the high energy content in its coal. Other exporters include Indonesia, Russia, US, Canada, Colombia and South Africa.
 
Despite weaker shipments to advanced economies, global coal shipments are expected to grow 4.5-5.5% in 2023. Stronger demand in parts of Asia, particularly in China, has supported coal shipments this year. Average haul also increased 1.5-2.5%, boosted by sanctions on Russian coal.
 
In the coming years, coal shipments to advanced economies are expected to continue declining as electricity generation from renewables increases. While higher demand in emerging Asia may cover some of these losses, we currently expect global coal shipments could start falling from 2024.
Source: BIMCO


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 01 December 23
COAL MINERS GROUP EXPECTS INDONESIA’S 2023 COAL OUTPUT TO SURPASS TARGET - REUTERS
The Indonesian Coal Mining Association (ICMA) expects the country’s 2023 coal output to surpass the official target of 695 million metric ton ...


Friday, 24 November 23
COAL IMPORTS TO INDIA IN OCTOBER 2023 REACHED HIGHEST LEVELS IN NEARLY A YEAR AND A HALF - VESSELSVALUE, VESON NAUTICAL
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2 ...


Friday, 24 November 23
INTELLIGENT COAL MINES CONTRIBUTE TO IMPROVING SAFETY STANDARDS - CHINA DAILY
Mechanization, automation and intelligent upgrades have contributed to improved safety in coal mines, though the level of development of intelligen ...


Friday, 24 November 23
WHY AUSTRALIA'S COAL MINES ARE GETTING BIGGER - IEEFA
Australia’s largest coal mines are getting larger. Mines in New South Wales (NSW) are ramping up production following the state’s recov ...


Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further ...


   12 13 14 15 16   
Showing 66 to 70 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Price Waterhouse Coopers - Russia
  • VISA Power Limited - India
  • Samsung - South Korea
  • Panama Canal Authority
  • SRK Consulting
  • CESC Limited - India
  • Bhatia International Limited - India
  • Bharathi Cement Corporation - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • The University of Queensland
  • Shenhua Group - China
  • Cosco
  • Berau Coal - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Ministry of Mines - Canada
  • TRAFIGURA, South Korea
  • Bayan Resources Tbk. - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Runge Indonesia
  • Arutmin Indonesia
  • Bhoruka Overseas - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • UBS Singapore
  • White Energy Company Limited
  • Maruti Cements - India
  • OPG Power Generation Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Maheswari Brothers Coal Limited - India
  • Aditya Birla Group - India
  • Romanian Commodities Exchange
  • Indian School of Mines
  • Noble Europe Ltd - UK
  • Madhucon Powers Ltd - India
  • Jaiprakash Power Ventures ltd
  • Vedanta Resources Plc - India
  • Intertek Mineral Services - Indonesia
  • Credit Suisse - India
  • Kumho Petrochemical, South Korea
  • Central Java Power - Indonesia
  • Ambuja Cements Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • KOWEPO - South Korea
  • The India Cements Ltd
  • Asia Cement - Taiwan
  • PetroVietnam
  • Edison Trading Spa - Italy
  • Binh Thuan Hamico - Vietnam
  • Kobe Steel Ltd - Japan
  • Rudhra Energy - India
  • PetroVietnam Power Coal Import and Supply Company
  • Antam Resourcindo - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • McConnell Dowell - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Lafarge - France
  • Posco Energy - South Korea
  • Bhushan Steel Limited - India
  • Sucofindo - Indonesia
  • globalCOAL - UK
  • Baramulti Group, Indonesia
  • Medco Energi Mining Internasional
  • Humpuss - Indonesia
  • Enel Italy
  • Peabody Energy - USA
  • Indonesia Power. PT
  • Leighton Contractors Pty Ltd - Australia
  • WorleyParsons
  • TNPL - India
  • Vale Mozambique
  • RBS Sempra - UK
  • Coal India Limited
  • IMC Shipping - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Geoservices-GeoAssay Lab
  • Orica Mining Services - Indonesia
  • CoalTek, United States
  • Uttam Galva Steels Limited - India
  • CCIC - Indonesia
  • Mitsui
  • Banpu Public Company Limited - Thailand
  • CNBM International Corporation - China
  • PLN - Indonesia
  • Heidelberg Cement - Germany
  • UOB Asia (HK) Ltd
  • Thriveni
  • AsiaOL BioFuels Corp., Philippines
  • Mercator Lines Limited - India
  • Platts
  • Australian Coal Association
  • Dalmia Cement Bharat India
  • Kideco Jaya Agung - Indonesia
  • Sojitz Corporation - Japan
  • U S Energy Resources
  • GB Group - China
  • Merrill Lynch Bank
  • Sindya Power Generating Company Private Ltd
  • Formosa Plastics Group - Taiwan
  • Trasteel International SA, Italy
  • Lanco Infratech Ltd - India
  • Mechel - Russia
  • Alfred C Toepfer International GmbH - Germany
  • PNOC Exploration Corporation - Philippines
  • Attock Cement Pakistan Limited
  • Latin American Coal - Colombia
  • Asmin Koalindo Tuhup - Indonesia
  • Shree Cement - India
  • APGENCO India
  • DBS Bank - Singapore
  • Electricity Authority, New Zealand
  • Metalloyd Limited - United Kingdom
  • The State Trading Corporation of India Ltd
  • Indorama - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Coastal Gujarat Power Limited - India
  • Maybank - Singapore
  • Renaissance Capital - South Africa
  • PLN Batubara - Indonesia
  • EIA - United States
  • PowerSource Philippines DevCo
  • Sarangani Energy Corporation, Philippines
  • Tata Power - India
  • Coal and Oil Company - UAE
  • India Bulls Power Limited - India
  • Ministry of Finance - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Indian Energy Exchange, India
  • World Bank
  • Agrawal Coal Company - India
  • GHCL Limited - India
  • Manunggal Multi Energi - Indonesia
  • NALCO India
  • Global Green Power PLC Corporation, Philippines
  • ANZ Bank - Australia
  • Parliament of New Zealand
  • TNB Fuel Sdn Bhd - Malaysia
  • KPCL - India
  • Permata Bank - Indonesia
  • Russian Coal LLC
  • Ernst & Young Pvt. Ltd.
  • Borneo Indobara - Indonesia
  • Tata Chemicals Ltd - India
  • NTPC Limited - India
  • Indian Oil Corporation Limited
  • GN Power Mariveles Coal Plant, Philippines
  • World Coal - UK
  • Bangkok Bank PCL
  • Bank of China, Malaysia
  • Inco-Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • EMO - The Netherlands
  • Coaltrans Conferences
  • Orica Australia Pty. Ltd.
  • BRS Brokers - Singapore
  • Thermax Limited - India
  • Carbofer General Trading SA - India
  • Krishnapatnam Port Company Ltd. - India
  • Adaro Indonesia
  • European Bulk Services B.V. - Netherlands
  • SUEK AG - Indonesia
  • London Commodity Brokers - England
  • bp singapore
  • Platou - Singapore
  • Cemex - Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Vizag Seaport Private Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • CIMB Investment Bank - Malaysia
  • Riau Bara Harum - Indonesia
  • Thailand Anthracite
  • Electricity Generating Authority of Thailand
  • Australian Commodity Traders Exchange
  • Gujarat Mineral Development Corp Ltd - India
  • MEC Coal - Indonesia
  • Planning Commission, India
  • SMC Global Power, Philippines
  • Standard Chartered Bank - UAE
  • KEPCO - South Korea
  • Idemitsu - Japan
  • Bulk Trading Sa - Switzerland
  • Rio Tinto Coal - Australia
  • Commonwealth Bank - Australia
  • Arch Coal - USA
  • Indonesian Coal Mining Association
  • IEA Clean Coal Centre - UK
  • Savvy Resources Ltd - HongKong
  • JPower - Japan
  • Clarksons - UK
  • Glencore India Pvt. Ltd
  • Kepco SPC Power Corporation, Philippines
  • Anglo American - United Kingdom
  • Directorate General of MIneral and Coal - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Meralco Power Generation, Philippines
  • SMG Consultants - Indonesia
  • Bukit Makmur.PT - Indonesia
  • BNP Paribas - Singapore
  • Jindal Steel & Power Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • SGS (Thailand) Limited
  • SN Aboitiz Power Inc, Philippines
  • Samtan Co., Ltd - South Korea
  • Sical Logistics Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • ICICI Bank Limited - India
  • Karaikal Port Pvt Ltd - India
  • Britmindo - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • International Coal Ventures Pvt Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Oldendorff Carriers - Singapore
  • Malco - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Energy Link Ltd, New Zealand
  • Makarim & Taira - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Total Coal South Africa
  • Timah Investasi Mineral - Indoneisa
  • Barclays Capital - USA
  • Grasim Industreis Ltd - India
  • Semirara Mining Corp, Philippines
  • ACC Limited - India
  • IOL Indonesia
  • ASAPP Information Group - India
  • Wood Mackenzie - Singapore
  • San Jose City I Power Corp, Philippines
  • Ince & co LLP
  • Sakthi Sugars Limited - India
  • Pinang Coal Indonesia
  • Japan Coal Energy Center
  • Gujarat Sidhee Cement - India
  • Jatenergy - Australia
  • Xstrata Coal
  • Sree Jayajothi Cements Limited - India
  • Economic Council, Georgia
  • Bangladesh Power Developement Board
  • Fearnleys - India
  • Mintek Dendrill Indonesia
  • Petrosea - Indonesia
  • Siam City Cement - Thailand
  • Thai Mozambique Logistica
  • Thomson Reuters GRC
  • Mercuria Energy - Indonesia
  • Marubeni Corporation - India
  • Kartika Selabumi Mining - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Central Electricity Authority - India
  • ING Bank NV - Singapore
  • Reliance Power - India
  • Moodys - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Eastern Energy - Thailand
  • Sinarmas Energy and Mining - Indonesia
  • Barasentosa Lestari - Indonesia
  • Parry Sugars Refinery, India
  • Siam City Cement PLC, Thailand
  • Deloitte Consulting - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • TANGEDCO India
  • KPMG - USA
  • Bahari Cakrawala Sebuku - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Essar Steel Hazira Ltd - India
  • South Luzon Thermal Energy Corporation
  • PTC India Limited - India
  • Energy Development Corp, Philippines
  • Altura Mining Limited, Indonesia
  • The Treasury - Australian Government
  • Qatrana Cement - Jordan
  • Port Waratah Coal Services - Australia
  • Power Finance Corporation Ltd., India
  • Argus Media - Singapore
  • Indogreen Group - Indonesia
  • Adani Power Ltd - India
  • Interocean Group of Companies - India
  • Cargill India Pvt Ltd
  • LBH Netherlands Bv - Netherlands
  • Tamil Nadu electricity Board
  • Wilmar Investment Holdings
  • Surastha Cement
  • Inspectorate - India
  • Ministry of Transport, Egypt
  • Merrill Lynch Commodities Europe
  • Gupta Coal India Ltd
  • Bank of America
  • Vitol - Bahrain
  • Deutsche Bank - India
  • Chettinad Cement Corporation Ltd - India
  • Indika Energy - Indonesia
  • Toyota Tsusho Corporation, Japan
  • IBC Asia (S) Pte Ltd
  • Coalindo Energy - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Salva Resources Pvt Ltd - India
  • Eastern Coal Council - USA
  • Independent Power Producers Association of India
  • Infraline Energy - India
  • Videocon Industries ltd - India
  • Star Paper Mills Limited - India
  • SASOL - South Africa
  • Simpson Spence & Young - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Freeport Indonesia
  • TeaM Sual Corporation - Philippines
  • Globalindo Alam Lestari - Indonesia
  • Minerals Council of Australia
  • Therma Luzon, Inc, Philippines
  • Asian Development Bank
  • Goldman Sachs - Singapore
  • Chamber of Mines of South Africa
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Xindia Steels Limited - India
  • JPMorgan - India
  • Cardiff University - UK
  • Coeclerici Indonesia
  • Malabar Cements Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Maersk Broker
  • Mjunction Services Limited - India
  • TGV SRAAC LIMITED, India
  • Petron Corporation, Philippines
  • GMR Energy Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Thiess Contractors Indonesia
  • J M Baxi & Co - India
  • Africa Commodities Group - South Africa
  • Larsen & Toubro Limited - India
  • GNFC Limited - India
  • ETA - Dubai
  • MS Steel International - UAE
  • Directorate Of Revenue Intelligence - India
  • Mitsubishi Corporation
  • Coal Orbis AG
  • Cebu Energy, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Singapore Mercantile Exchange
  • Global Coal Blending Company Limited - Australia
  • Tanito Harum - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Core Mineral Indonesia
  • Meenaskhi Energy Private Limited - India
  • Global Business Power Corporation, Philippines
  • Gresik Semen - Indonesia
  • New Zealand Coal & Carbon
  • Georgia Ports Authority, United States
  • McKinsey & Co - India
  • Cigading International Bulk Terminal - Indonesia
  • OCBC - Singapore
  • Cement Manufacturers Association - India
  • HSBC - Hong Kong
  • GVK Power & Infra Limited - India
  • Mitra SK Pvt Ltd - India