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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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- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Planning Commission, India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- White Energy Company Limited
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Deloitte Consulting - India
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