We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 31 January 12
THERE ARE MANY GOOD REASONS FOR COAL IN GERMANY - DR CIESLIK
 COALspot.com - "The year 2011 was again marked by many changes on the markets and energy policies, at times in line with expectations, but at other times with unexpected development," said Dr. Cieslik, Chairman of the board of German Coal Importers Association, on the occasion of association's New Year's reception on 20th January 2012 in Hamburg.
According to Dr. Cieslik, coal in Germany as well as in Europe is faced with an increasingly hostile environment during 2011. Internationally, however, the world looks much different for coal. So let us take a look now at the world market for coal.
The World Market for Coal
"The initial overview indicates that worldwide production will remain more or less at the previous level totalling 6.7 billion tonnes. The main reason for this is the loss of production in the coking coal sector in Queensland because of the flooding in this region caused by weather conditions at the beginning of 2011," Chairman said in his speech.
The world seaborne coal market recorded growth in the coking coal sector because of the activity of the steel industry and in the steam coal sector and will probably have risen by about 5% from 963 million to more than 1 billion tonnes.
Despite the banking and financial crisis, the steam coal market continued to grow, although it slowed to some degree. Demand rose on both the Atlantic and Pacific markets, above all from China.
There was also growth in the coking coal market, which rose by 22 million tonnes or almost 9% to 242 million tonnes. The lower demand on the Pacific market was a small surprise, but it was more than compensated by the significance increase in Atlantic demand, chairman highlighted in his speech.
The price level for steam coal remained stable at a high level in 2011, ranging between US$115/t and US$125/t.
The heavy rains and the subsequent flooding in large areas of Queensland in Australia initially caused an explosive price increase on the spot markets, especially for coking coal, to more than US$300/t for coking coal. However, the decline in steel production worldwide caused by economic conditions in the second half of 2011 also repressed the demand for coking coal, leading in turn to pressure forcing prices downward during the last quarter of 2011.
Australian premium coking coal fell to US$230/t.
Freight rates remained in a range of US$10- US$25/t for the benchmark route Richards Bay-Rotterdam during 2011. The market is characterised by overcapacities and the related pressures on prices and competition.
Germany
According to a provisional report from the Arbeitsgemeinschaft Energiebilanzen, primary energy consumption in Germany declined by about 5% to approximately 457 million TCE because of the mild weather conditions.
The consumption of hard coal at just under 57.5 million TCE declined slightly by 0.7% in comparison with the previous year and so was not able to record any significant growth in 2011 following the substantial increase in 2010. A particular cause is the decline in its use for power and heating generation of -2.5%.
There are many good reasons for coal
According to Chairman, there are many good reasons for coal in Germany
1.New facilities such as the hard coal-fired power plants with capacities of 8,400 MW now under construction are being equipped with the best available technology and high standards of efficiency; almost all of them have been designed as large power-heat coupling plants, assuring a very high degree of fuel exploitation.
2.New installations are replacing old power stations with lower degrees of efficiency and, specifically, higher CO2 emissions.
3.New installations are being designed so that they can accommodate CCS systems.
4.Power generation from coal will be needed as a transitional technology for at least the next 30-40 years, not least to compensate for fluctuations in the feed-in from renewable energy sources.
5.Coal production is globally spreaded.
Keynote speech by Dr Cieslik, Chairman of the board of German Coal Importers Association, on the occasion of Association's New Year´s Reception on 20th January 2012 in Hamburg.( We published part of Chairman's speech)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...
Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...
Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...
Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...
Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
|
|
|
Showing 4881 to 4885 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- PTC India Limited - India
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Singapore Mercantile Exchange
- White Energy Company Limited
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Australian Coal Association
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
|
| |
| |
|
