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

Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.   The ...


Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023   Oil prices came under some pressure yesterday with ICE Brent settling a litt ...


Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...


Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...


Monday, 17 July 23
APPROVED AMMONIA-FUELED CONTAINERSHIP - BENEFITS AND RISKS: REED SMITH
Following the news in Offshore Energy that Korea Maritime Consultants has secured approval in principle from the American Bureau of Shipping for it ...


   16 17 18 19 20   
Showing 86 to 90 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 ...

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