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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 logistical challenges started to emerge. Two years after the start of the war in Ukraine, sanctions on Russia are limiting the country’s ability to export coal.
A significant portion of Russian coal is sourced from Siberia and transported to Russian ports by rail. Since the start of the war in Ukraine, railways in Russia have been under pressure as sanctions pushed Russia’s coal exports eastwards. In 2023, China was the destination for 41% of Russian coal shipments.
Sanctions on Russia have added further pressure to logistics, culminating in lower effectiveness and reliability of railway transport since October 2023. Russian railway transport is reported to be challenged with difficulties in securing imports of spare parts such as specialized lubricants, proprietary bearings and electronic components. Efforts to circumvent this issue by replacing imports with domestic equipment have fallen short, as these substitutes are often of lower quality.
The overall impact of poor Russian logistics on the dry bulk market seems to be marginal, as global coal supply is ample. In the period since October 2023, global coal shipments have increased by 7% y/y despite the loss of Russian coal. Consequently, it seems that Russia is bearing the brunt of the impact.
The impact of lower coal shipments on sailing distances also seems to be residual. Shipments from Russia have below average sailing distance, but they have been replaced by shipments with similar distances.
Despite the obstacles that Russia is facing, the government seems determined to boost coal exports to China. Russia is working to increase coal mining and remove bottlenecks in their infrastructure. Two major railways in Siberia will be electrified and an agreement was reached to build a new railway bridge between Russia and China. If Russia is successful, exports over land to China could increase, replacing some of Russia’s coal shipments.
Even as Russia invests in infrastructure, it is possible that total coal exports to China will not significantly increase. The IEA estimates that China’s coal demand may have peaked in 2023, limiting further export growth. Furthermore, it might be difficult for Russia to find new trade partners amid sanctions and competition from other exporters such as Indonesia and Australia.
Source: BIMCO
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
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