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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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Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
Saturday, 13 November 10
INDONESIA SHIPPED 8.73 % MORE COAL IN OCTOBER THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23.55 mln mt of coal in October 2010, which is 8.73 percent more compared to Septe ...
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Showing 5526 to 5530 news of total 6871 |
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- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Australian Coal Association
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- PTC India Limited - India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Siam City Cement - Thailand
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
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