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COAL-OREVOYBILL 2016

23 May 2022

The COAL-OREVOYBILL is a charter party bill of lading for shipments of coal and ore cargoes under the COAL-OREVOY charter party. The latest edition of this bill of lading is COAL-OREVOYBILL 2016. This amended edition incorporates the International Group of P&I Clubs/BIMCO Himalaya Clause for Bills of Lading and other contracts 2014, an updated layout and signature box, and a reference to the York-Antwerp Rules 2016 in respect of the Rules according to which General Average should be adjusted. Copyright in COAL-OREVOYBILL 2016 is held by BIMCO.

Indonesian coal exports surge 32% on strong Asia demand

26 April 2023

Indonesian seaborne coal exports are expected to surpass 170 million tonnes by the end of April, up 32% on the same period last year. The rise is partly due to improved economic conditions in China and an increase in energy demand as a result.

Coal

21 January 2020

Chinese coal stocks reach record high as seaborne imports surge 73%

28 June 2023

Despite China’s strategy of pursuing increased domestic coal production, which has meant that year-to-date production stands 5.8% higher than last year, its seaborne imports of coal have nevertheless surged 73% y/y so far.

Pieces of the changed Eastern coal market puzzle fall into place

08 April 2021

The Chinese ban on coal imports from Australia has shaken up coal trades in the east.

Coal

21 November 2023

Coal

21 November 2023

Chinese coal imports from Australia drop 98.6% as restrictions bite

15 September 2021

In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian coal have started to hurt, according to Oceanbolt.

Russian coal exports fall 7.0% as EU sanctions bite, tonne miles up

20 October 2022

As a part of European Union sanctions against Russia, the block banned coal imports from Russia starting 10 August. About two months have passed and Russia has struggled to redirect its coal exports, with export volumes down 7.0% y/y in this period and down 5.0% year to date.

Indonesian coal exports jump 11.5% to second-highest level on record

24 March 2022

Due to supply concerns at domestic power plants, Indonesian authorities banned coal exports during January 2022, removing around 30% of global coal volumes from the bulk market as a result. This caused Newcastle coal futures to increase by more than a third and added strain on coal inventories across Asia. The ban was lifted in February.