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Saturday, 20 November 10
ITALIAN STEAM COAL MARKET HAS RECOVERED - ITALIAN COAL ASSOCIATION
 Press Release - This year Italy will import 17 million tons of steam coal, up 3% from 2009, and 5.5 million tons of coking coal and PCI, up 37% over last year. These are some of the figures disclosed by Mr Andrea Clavarino, Chairman of the Italian Coal Association – Assocarboni - during the Coal Industry Advisory Board plenary meeting, held in Paris on November 18th and 19th 2010.
Mr Clavarino, who is delegate of the Italian Government to the CIAB board - the coal consultative body of the IEA, the OCSE energy watchdog - therefore stated the Italian steam coal market has fully recovered after the crisis, and Italian imports are growing again.
“In 2011, thanks to Enel Torrevaldaliga North plant in full operations, steam coal imports should reach the peak of 19 million tons (up from 17 forecasted for 2010) that will become 25-26 MT in the next five years, as per our projections”, he said.
According to the World Energy Outlook 2010, global demand for coal increases by around 20% between 2008 and 2035 in the New Policies Scenario, with almost all of the growth before 2020. Non-OECD countries, as a group, account for all of the growth in global coal demand in all the projections: China, India and Indonesia account for nearly 90% of the total incremental growth. Global coal production in the New Policies Scenario grows from just under 4900 Mtce in 2008 to just above 5600 Mtce in 2035.
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Mr Clavarino made even more enthusiastic projections talking about the global coal trade that is expected to grow significantly during the next few decades, with total thermal seaborne coal demand set to increase from 680-million tons to 1,1-billion tons between 2010 and 2025. “Nearly all major coal-consuming countries in Asia are expected to experience significant demand growth: China’s and India’s economies have been relatively unscathed by the economic turmoil that developed economies have faced. According to forecasts, in 2011 total thermal coal imports for China will reach 122 Mt, while thermal coal demand in India will increase by 810 million tons – 137% by 2025, driven by a 158% increase in coal-fired power capacity”, he commented.
During the CIAB board meeting, the global value of coal has been underlined, as well as the opportunities that clean coal technologies present to continue and expand utilization of this energy source. Mr Clavarino pointed out coal’s major role in the coming decades, and claimed himself to be confident that by increasing coal-based generation efficiencies and fostering carbon capture and storage, the world will be able to meet the goals of an 80% reduction in CO2 emissions amid sustained economic growth, the eradication of poverty and elimination of energy deprivation.
“Access to electricity is a key to alleviating poverty impacting up to 6 billion people: it is essential to increase the quality of life, economic well-being, and a clean environment. Coal is the only fuel that can meet the world’s rising energy demand, due to its abundance and accessibility, to his security, reliability, affordability and versatility. That is what happened to China, where coal has underpinned a massive and unprecedented growth in output, fueling an economic miracle”, he concluded.
ASSOCARBONI is a no profit organization founded in 1897, which represents more than 90 national and international companies engaged in solid fuels. Its head office is in Rome and it has a representative office in Brussels. Assocarboni is part of the Board of Directors of the Experimental Fuel Station (leading fuel research body) in Milan.
On an international level, Assocarboni is member of Euracoal (European Association for Coal and Lignite), of CAG (Coal Advisory Group) - a European Commission working group involved in coal research grants - of WCI (World Coal Institute) in London, of CIAB (Coal Industry Advisory Board) - a section of the International Energy Agency of Paris, which brings together more than 40 companies (both energy producing and electric generation companies) from 14 different countries - and of the “Working Party on Coal” of the ECE-UN Energy Committee in Geneva.
Source: European Energy Review
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Sunday, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points.
According to Vistaar Shipping of S ...
Friday, 19 November 10
WE'LL THINK ABOUT COAL TOMORROW - ANALYSIS
The future of coal generation in Russia is in question. The largest energy companies have abandoned their initial plans to switch their therma ...
Friday, 19 November 10
DRY BULK MARKET ON THE ROPES WITH BDI PLUNGING TO 2,164 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the panamax markets suffering the most this week, but a ray of hope for the capesize market, which appears to be stabilizing after days of fall ...
Thursday, 18 November 10
WORLD COAL ASSOCIATION WELCOMES NEW CHAIRMAN & SHENHUA GROUP AS NEW MEMBER 17 NOVEMBER 2010
Press Release – The premier global coal industry association marks its 25th anniversary with a new Chairman and welcomes China’s lar ...
Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
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- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- VISA Power Limited - India
- Economic Council, Georgia
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- White Energy Company Limited
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Australian Coal Association
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
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