Coal News

 

Australian Climate Change Activists Disrupt Shipping at Coal Port

Nov 26, 2023

A climate change protest off Australia's east coast disrupted operations at the country's biggest coal export port on Saturday, the port operator said.Climate activist group Rising Tide, which claimed responsibility for the action, said around 1,500 people were at the protest, 300 of them in the shipping channel near the Port of Newcastle, as part of a 30-hour blockade set to run until 4 p.m. (0900 GMT) on Sunday…

As China's Renewable Energy Soars, Coal Peak in Sight

May 23, 2024

Between January and April 2024, China’s electricity generation from renewables surged 12% year on year, significantly outpacing the 6% growth in generation from fossil fuels. While steam coal shipments to China rose 29% year on year, they are starting to feel the pressure from stronger renewables…

Coal Shipments to Advanced Economies Down 17%

Nov 23, 2023

“In the first 10 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…

China's Renewed Appetite for Australian Coal Disrupts Asia flows

Aug 10, 2023

China's renewed appetite for Australian coal after Beijing ended its unofficial ban on imports, coupled with strong overall demand for the fuel used to generate power, is forcing a realignment of seaborne flows in Asia.China's total coal imports have soared this year…

Australia's Exports to China Hit Record Highs

May 04, 2023

Australia's exports to China surged to record highs in March as the Asian giant sucked in more iron for its steel industry and lowered barriers to thermal coal shipments amid thawing diplomatic relations.Data out on Thursday showed exports of Australian goods to China hit A$19 billion ($12…

India Coal is Back in Business

Mar 01, 2023

India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports.'King coal is coming back and coming with a big bang…

Chinese Inbound Coal Shipments Plummet 12.2%, Says BIMCO

Jan 11, 2023

Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail alleviated coal shipments to China in 2022. However, the end of China’s zero Covid policy and an anticipated recovery of…

China Eases Australian Coal Ban

Jan 06, 2023

The increasing need to secure energy supplies after easing COVID-19 restrictions has pushed China to gradually resume Australian coal imports and urge domestic miners to boost their already record output.The lifting of the unofficial ban on Australian coal imports…

Russian Coal, Crude, LNG Exports Slipping as Self-sanctioning Starts

Mar 15, 2022

The voluntary shunning of Russian commodities by Western buyers, or self-sanctioning, was expected to start hitting exports of crude oil, liquefied natural gas (LNG) and coal from April, but there are already signs that flows are weakening.Russia's…

Global Seaborne Coal Trade Up Nearly 6% in 2021

Jan 14, 2022

Global seaborne coal trade rose by 5.7% last year, driven by rising demand from steelmakers for coking coal and its products as economies began to recover from the coronavirus crisis, Germany's VDKi coal importers lobby group said.Imports and exports of hard coal across the globe stood at 1…

Insights: How Indonesia, the World's Top Thermal Coal Exporter, Hit a Supply Crunch

Jan 07, 2022

Indonesia, the world's biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at domestic power plants.WHY DID INDONESIAN AUTHORITIES DECIDE TO ACT…

Indonesia Coal Crunch Continues, Some Firms Declare Force Majeure

Jan 04, 2022

Indonesia's coal supply situation remains critical, the state utility said, following the country's ban on exports of the fuel that drove up prices in top customer China on Tuesday.Indonesia, the world's top exporter of the coal used in power plants and China's largest overseas supplier…

Indonesian Coal Export Ban Rattles a Sector

Jan 03, 2022

The world's leading exporter of thermal coal on Saturday banned the shipments because of concerns it could not meet its own power demand, prompting President Joko Widodo on Monday to threaten to revoke business permits for any miners who failed to meet domestic market requirements…

India's Adani Nears First Coal Load from Controversial Australian Mine

Dec 29, 2021

India's Adani Group is preparing to ship the first coal cargo from Australia's most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away from fossil fuels.The Carmichael mine in outback…

China's Coal imports from Australia Plummet 98.6%, but India, S. Korea fill the Gaps

Sep 15, 2021

In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tons as Chinese restrictions on Australian coal have started to hurt, according to Oceanbolt. This represents a 98.6% drop compared with 56…

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