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Coal Trade

Great Lakes Limestone & Coal Trade Up

Lakes Limestone Trade up 16% in September Shipments of limestone on the Great Lakes totaled 3,461,606 net tons in September, an increase of 3.6 percent compared to August, and 16 percent better than a year ago.  However, the trade was down 10.7% compared to the month’s 5-year average. Loadings at U.S. ports were up 342,000 tons compared to a year ago.  Shipments from Canadian docks increase by 135,000 tons. Year-to-date the Lakes limestone trade stands at 20.5 million net tons, an increase of 25.2% compared to a year ago, but a decrease of 15% compared to the five-year average for the first three quarters.  Loadings at U.S. ports are up 28 percent compared to a year ago.  Shipments from Canadian docks are 15.4% ahead of last year’s pace. Great Lakes Coal Trade Up 32.5 Percent in September Coal shipments on the Great Lakes totaled 3,648,453 net tons in September, a decrease of 6.8% compared to August, but an increase of 32.5% compared to a year ago.  Compared to the month’s five-year average, loadings were down 7.4%. Shipments from Lake Superior rose noticeably from a year ago – 35% – and were on par with the month’s five-year average.  Loadings in Chicago increased by 145% compared to a year ago and all but equaled the month’s five-year average.  The coal trade out of Lake Erie increased 13.6% compared to a year ago, but was nearly 20% off September’s five-year average.


Great Lakes April Coal Shipments Unchanged from a Year Ago

Photo: LCA

Shipments of coal on the Great Lakes totaled 2.2 million tons in April, a virtual tie with a year ago.  The trade was 19 percent below the month’s five-year average, however. Shipments from Lake Superior ports totaled 1.4 million tons, a slight increase from a year ago. Included in that total were 168,000 tons loaded in Superior, Wisconsin and transshipped to Québec City for loading into oceangoing colliers.


Great Lakes Coal Trade Falls 13% in September

Shipments of coal on the Great Lakes totaled 2.7 million tons in September, a decrease of 13% from a year ago and the preceding month. Shipments from Lake Superior ports totaled 1.6 million tons, a decrease of 13.5% compared to a year ago.  Coal transshipped from Superior, Wisconsin, to Québec City, Québec, for loading into oceangoing colliers totaled 96,000 tons.  Exports to Europe from Superior total 1,253,000 tons through September.


Great Lakes Coal Trade Down 7.3% in November

Shipments of coal on the Great Lakes totaled 2.7 million tons in November, a decrease of 7.3 percent compared to a year ago, and well below – 35.2 percent – the month’s long-term average.  Shipments were also 4.1 percent less than October’s tally of 2.8 million tons. Shipments from Lake Superior ports totaled 1.6 million tons, a decrease of 9.2 percent compared to a year ago.  Coal transshipped from Superior, Wisconsin, to Québec City, Québec


Adani EBIDTA Up 62% for Q1FY15

Adani Group

  Adani Enterprises Ltd, the flagship company of the Adani Group, today announced its results for the first quarter ended June 30, 2014.   Financial Highlights: The consolidated Total Income for quarter increased by 43% to Rs 16,524 crore against Rs 11,547 crore in the same period last year. The consolidated EBIDTA increased by 62% to Rs 3,275 crore against Rs 2,017 crore in the same period last year. The consolidated PAT is Rs 557 crore.


Dry Bulk Insight: BDI likely to stabalise

Graph: Drewry Shipping Consultants Limited

 Drewry expects the Baltic Dry Index (BDI) movements to moderate in September on the back of steady grain, minor bulk and coal trades. However, the iron ore trade is likely to lose its momentum in coming months.   The BDI continued its rollercoaster ride into August first falling then rising in the second half of the month. Nevertheless, this progress failed to improve the overall picture, and the average BDI declined by 34 points to reach 673 points.  


Stiff Rate Increases Seen For Atlantic Capers

Some stiff rate increases for Atlantic capers were seen for business to China and for trans-Atlantic coal, brokers said last Wednesday. Panamax rates were still drifting from the U.S. Gulf due to lack of orders, but levels in the Far East for these vessels remained firmer, they added. Conditions for handy size vessels and to a lesser extent smaller geared tonnage, were generally better in the Atlantic. The Baltic Freight Index (BFI) rose six points to 1,223


Lakes Coal Surges in November

Coal shipments on the Great Lakes totaled 4.1 million net tons in November, an increase of 21 percent compared to a year ago. Shipments were also up nearly 7 compared to the month’s 5-year average. Shipments of low-sulfur coal from Superior Midwest Energy Terminal in Superior, Wisconsin, accounted for most of the increase. Nonetheless, the dredging crisis continued to hamper shipments. Not one coal cargo topped65,000 tons in November, and many were in the 63,000-ton range


Ice Took Heavy Toll on Lakes Coal in April

Ice formation, the likes of which have not been seen since 1994, dramatically slowed coal shipments on the Great Lakes in April. Loadings totaled only 995,000 tons, a decrease of nearly 55 percent compared to a year ago. Compared to the month’s five-year average, April shipments were down nearly 57 percent. The biggest drop came from Lake Superior ports. The only way vessels could safely cross Lake Superior in April was to be convoyed by U.S


New Coal Carrier Enters Service for JERA Singapore

Isuzu Maru (Photo: NYK Line)

On April 14, newly constructed coal carrier Isuzu Maru was delivered at Oshima Shipbuilding Co. Ltd. in Saikai, Japan.   The new vessel will be operated by NYK Bulkship (Asia) Pte. Ltd., an NYK group company located in Singapore, for the transport of coal for JERA Trading Singapore Pte. Ltd., a coal trading corporation owned by JERA Co., Inc. (67 percent) and EDF Trading Limited (33 percent). JERA Co., Inc.  


Japan Steelmakers Scramble for Coking Coal

File Image (CREDIT: AdobeStock / (c) Lukasc Z) )

Japanese steelmakers have bought coking coal from the United States, Canada and China to replace supply lost after a cyclone closed rail links in Australia, their biggest supplier, industry and trader sources said.   Still, the Japanese buyers are paying nearly double the $150 a tonnes


Dry Bulk Shipping Remains Positive: Drewry

© Sebastian / Adobe Stock

The outlook for dry bulk shipping remains positive given the shrinking supply-demand gap, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.   With high demolition activity and low deliveries the fleet is expected to grow at a slow


Tandgedo-VOC Port Sign MoU for Coal Jetty

Photo: Press Information Bureau, Govt of India

 India's V.O. Chidambaranar (VOC) Port is all set for a four-fold increase in the capacity of two of its Coal Jetties – Jetty I and II from 6.25 million metric tonnes per annum to 24 MTPA.   The state-run power utility Tamil Nadu Generation and Distribution Corporation


U.S. Freight Recovery Spurs Diesel Demand

File Image: CREDIT AEP

U.S. freight movements have started increasing again, which should help boost consumption of distillate fuel oil in 2017 and 2018.   The tonnage of freight moved by road, rail, barge, pipeline and air cargo has been increasing year on year since October


Sino-Australian Seaborne Trade

Graph: Clarkson Research Services Limited

 In recent decades, trade between the Australia and China have made an increasingly significant contribution to growth in global seaborne trade, and the signing of the China-Australia Free Trade Agreement in 2015 is driving further co-operation, says a report by Clarkson Research Services.


Indonesia Port Disruptions Cause Coal Delays

File Image (Credit: BSM)

Loading disruptions at ports in East and South Kalimantan on the Indonesian side of Borneo island are causing a coal supply shortage in one of the world's most important export regions, causing delays as ships wait to take on new cargoes.  


Australia Probes Coal Spill near Great Barrier Reef

File Image: The Great Barrier Reef. (CREDIT: AdobeStock)

Coal has washed up in waters dangerously close to Australia's Great Barrier Reef, environmental authorities said on Wednesday, following an investigation into complaints of black dust on nearby beaches.   Ship-loading facilities at the port of Hay Point


Improved Demand Easing Dry Bulk Vessel Oversupply

An impressive outlook for dry bulk demand coupled with a small orderbook of newbuilds Drewry

With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.


Tangshan Port Shares Soar on Coal Clampdown Rumors

File Image: a so-called ValeMax bulk carrier (CREDIT: Vale)

Shares of Tangshan Port Group Co Ltd soared 7 percent on Tuesday, to post their biggest daily percentage gain in nine months, as investors bet the small port would benefit from a major clampdown on coal transportation at its larger rival.  


Great Lakes Shipping Season Kicks Off

© johnsroad7 / Adobe Stock

The 2017 Great Lakes shipping season begins today when the U.S.-flag tug/barge unit Dorothy Ann/Pathfinder departs her winter lay-up berth in Erie, Pa., and sails to Cleveland, Ohio, where she will initiate the shuttle of iron ore from Cleveland Bulk Terminal to the ArcelorMittal steel mill at the


China's Steel, Coal Curbs a Double-edged Sword for Imports

© Igor Groshev / Adobe Stock

China's determination to tackle its choking pollution by cutting steel and coal capacity should be a long-term negative for exporters of iron ore and coal to the world's biggest commodity importer, but the reality is likely to be far more nuanced.  


S.Korean Utilities to Lift 1.5 mln Tons of U.S. Coal

File Image (CREDIT: AdobeStock)

South Korean utilities jointly bought a total of 1.5 million tonnes of coal from the United States to arrive from the third quarter, a spokesman at one of the utilities said on Tuesday.   The purchase comes as South Korea, the world's fourth-largest coal importer


Baltic Index Posts Biggest Daily Drop in 2 Months

File Image (CREDIT: AdobeStock)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, registered its biggest one-day percentage fall in about two months, primarily on weaker rates for capesize bulk carriers. The overall index, which factors in rates for capesize, panamax


Chinese Traders to Return North Korean Coal

File Image (CREDIT: AdobeStock / © lidian neeleman)

China's customs department has issued an official order telling trading companies to return their North Korean coal cargoes, said a trading source at Dandong Chengtai Trade Co., the biggest buyer of coal from the isolated country.   Following repeated missile tests that drew international


North Korean Coal Ships Sail Home after China Denies Cargo

A fleet of North Korean cargo ships is heading home to the port of Nampo, the majority of it fully laden, after China ordered its trading companies to return coal from the isolated country, shipping data shows.   Following repeated missile tests that drew international criticism






 
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