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Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
 Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its latest report.
According to Banchero Costa, In Jan-Jul 2024 the positive trend continued, with global coal loadings increasing by +1.8% y-o-y to 783.0 mln t, from 768.9 mln t in the same period last year, based on vessel tracking data from AXS Marine. In Jan-Jul 2024, exports from Indonesia increased by +8.4% y-o-y to 300.7 mln t, whilst from Australia were up +1.1% y-o-y to 200.0 mln t.
Russian coal exports declined by -14.0% y-o-y to 96.9 mln t in Jan-Jul 2024, from the USA increased by +5.5% y-o-y to 51.3 mln t, from South Africa declined -5.0% y-o-y to 33.7 mln t, the report further noted. Shipments from Colombia increased by +9.3% y-o-y to 34.7 mln t in Jan- Jul 2024, from Canada increased by +1.3% y-o-y to 29.0 mln t, and from Mozambique were down by -7.4% y-o-y to 12.5 mln t.
Banchero Costa Research's weekly report also says, seaborne coal imports into Mainland China increased by +10.9% y-o-y to 230.2 mln t in Jan-Jul 2024, to India increased by +9.9% y-o-y to 146.6 mln t, to Japan declined by -5.1% y-o-y to 88.2 mln t in Jan-Jul 2024. Shipments to South Korea declined by -6.8% y-o-y to 64.6 mln t, to Vietnam surged by +27.7% y-o-y to 35.7 mln t, to the EU down -39.7% y-o-y to 35.2 mln tonnes, to Taiwan declined by -2.2% y-o-y to 33.6 mln tonnes in Jan-Jul 2024.
According to the report, India is the world’s second largest seaborne importer of coal after Mainland China, accounting for 18.7% of the global seaborne coal market so far in 2024.
Import volumes into India were relatively depressed during 2020 and 2021, due to disruption from Covid-19, but bounced back to near all- time records in 2022. Total seaborne coal imports into India in 2022 reached 225.4 mln tonnes, +10.3% y-o-y, according to AXS Marine vessel tracking data. In 2023, India imported 240.8 mln t of coal, up +6.9% y-o-y. 34% of coal volumes delivered into India in 2023 were loaded on Capesize vessels, with 8% on Post-Panamax vessels, 36% on Panamax tonnage, and 22% on Supramaxes. About 60 percent of coal imports into India are delivered to the East coast of the country, primarily to the states of Odisha and Andhra Pradesh. The majority of the rest is discharged in the North-Western state of Gujarat, India’s most industrialized state, which alone accounts for 30 percent of India’s total coal imports, the report says.
The main coal import terminals in India are:
Mundra in Gujarat (24.6 mln t discharged in Jan-Dec 2023), Paradip (22.7 mln t), Krishnapatnam (21.6 mln t), Dhamra in Odisha (20.6 mln t), Visakhapatnam (20.5 mln t),Gangavaram in Andhra Pradesh (18.9 mln t), Hazira (13.3 mln t), Jaigad (12.4 mln t), Ennore (9.5 mlnt), Kandla (9.3 mln t), Tuticorin (8.1 mln t), Mumbai (7.0 mln t), New Mangalore (6.7 mln t), Dahej (6.6 mln t), Mormugao (5.8 mln t). Trade patterns for Indian imports saw significant shifts due to both commercial and political factors.
Indonesia continues to be the top exporter of coal to India, accounting for 42% of total Indian imports in Jan-Dec 2023. In Jan-Dec 2023, shipments from Indonesia to India declined by -3.3% y-o-y to 100.5 mln tonnes but were still above the 71.6 mln t in 2021. In Jan-Jul 2024 volumes from Indonesia to India rebounded back by +30.9% y-o-y to 65.9 mln t.
About 21% of imports, 50.2 mln t in Jan-Dec 2023, were shipped from Australia, down by -7.2% y-o-y from 54.2 mln t in 2022, and well below the 74.2 mln t in 2021. Shipments from Russia surged by a further +34.7% y-o-y in Jan-Dec 2023 to 25.3 mln tonnes, and well above the 7.3 mln t in Jan-Dec 2021, with Russia now accounting for 11% of Indian coal imports. South Africa exported 26.9 mln tonnes of coal to India in Jan-Dec 2023, up +33.9% y-o-y. Imports from the USA also surged by +53.8% y-o-y to 20.8 mln t.
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Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
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- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Planning Commission, India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
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