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Monday, 23 March 15
SEABORNE WORLD COAL TRADE: GROWTH +5% - GERMAN COAL IMPORTER ASSOCIATION
 Hard Coal Market 2014: Despite The Energy Turnaround, Hard Coal Imports To Germany Rise By More Than 6%, Although Hard Coal-Fired Power Generation Declines (Part 2) . To read part 1 click here
The German Coal Importer Association (VDKi) has prepared the initial consolidated estimates for the global, European and German hard coal market for all of 2014. Although the growth of production globally stagnated with around 7.2bn tonnes, the seaborne trade growth increased by 5% compared to 2013. Hard coal imports to Germany reached an all-time high at 56m tonnes.
According to a report from Germany Trade & Invest of 09/03/2015 (www.gtai.de), Russian coal exporters enjoyed substantial financial advantages from the devaluation of the ruble because the industry’s own costs on a US dollar basis declined by 50% in 2014 while revenues from coal exports in rubles rose by 30%. Furthermore, a Citibank study showing that own costs in coal mining in Russia are lower than anywhere else except in Indonesia was cited.
Seaborne world coal trade: growth +5%
According to VDKi calculations, seaborne hard coal trade once again rose by 1.2bn tonnes (5%) in 2014over 2013, thereof about 900m tonnes in steam coal and about 300m tonnes in coking coal. The cooling-off of the economy in China was the primary reason for the lower growth in comparison with the previous years.
However, significant shifts are also becoming apparent within the exporting countries:
- Although China imported in total about 13m tonnes less coking coal and 23m tonnes less steam coal (including lignite and anthracite) from the world market as a way to protect the oversupply of the domestic market, the VDKi estimates show that Australia’s hard coal exports in 2014 rose both in total and to China. Worldwide, Australia exported about 386m tonnes, almost 8% more than in 2013, thereof 201m tonnes of steam coal and 185m tonnes of coking coal. Australia’s coking coal exports to China also increased by 0.8m tonnes to over 46m tonnes. As a consequence of the slight increase in coking coal exports and the simultaneous reduction in exports from the USA and Canada to China, Australia was able to increase its market share in this country. Australia was also able to increase its steam coal exports to China by 10% to 47m tonnes. Australia increased volumes over the previous year in its exports to India (+12m tonnes to a total of 46m tonnes), South Korea (+5m tonnes to about 55m tonnes) and Taiwan (+2.7m tonnes to about 30m tonnes).
- In Russia, coal exports increased by 6m tonnes (4%) to 132m tonnes, in South Africa by 3m tonnes to 76.4m tonnes (whereby India alone increased its imports from South Africa by almost 10m tonnes to about 30m tonnes) and in Colombia exports rose by about 1.3m tonnes to 74.9m tones.
- Preliminary estimates by the VDKi show that in 2014 Indonesia increased its hard coal exports (excluding lignite) by about 10m tonnes to 359m tonnes. Measured against the previous years, however, growth was substantially slower.
- Total exports of hard coal from the USA fell for the first time since 2010 back under 91m tonnes and amounted to 88m tonnes, according to information from the Energy Information Administration (EIA). Exports of hard coal to the EU 28 fell by 15% from 46m tonnes in 2013 to 39.2m tonnes in 2014. The primary cause is the low price level, which for many mines was too low and for some mines did not even cover production costs. (The German Coal Importer Association (VDKi) )
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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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- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- The University of Queensland
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Economic Council, Georgia
- Chamber of Mines of South Africa
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Deloitte Consulting - India
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
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