COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES


* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image

German imports of hard coal are likely to fall 22 percent this year compared with 2008 to a total 37.3 million tonnes, the importers group VDKI said on Wednesday.

"We see a significant decline by 22 percent through the steel industry crisis and the likely reduced demand from power generators," said the chairman of VDKI, Erich Schmitz, at the organisation's annual news conference.

Such imports, complementing indigenous supplies and serving power generators and steelmakers, last year totalled 48.0 million tonnes.

Schmitz also said his organisation believed quarterly coal import prices measured by state statistics office BAFA could fall to 65-70 euros ($90.10-97.03) by the end of this year, 18.7 percent below 83 euros at the end of March.

The use of steam coal for power plants and coking coal and coke for steelmaking by Germany's export-geared industry slumped early in 2009, falling victim to the financial crisis which has depressed economic activity.

Coal producer countries China, India and Indonesia started investing heavily in new capacity in recent years, and now will have to curb planned growth rates, Schmitz said.

"The market tends towards a buyers market which should pressurise world market prices for steam and coking coal," he said, adding a strong euro against the dollar would also help.

"But world trade in steam coal (in 2009) should stay stable while the coking coal market will shrink by 40 to 50 million or 20 to 25 percent," said Schmitz, citing a comparably slow decline in coal-to-power use as electricity demand is robust.

CO2 WOES

The 69-member VDKI, based in the port of Hamburg but close to the Rhein-Ruhr region's heavy industries which it serves, is worried about the sustainability of coal burning amid public criticism of the carbon dioxide (CO2) pollution it causes.

"We argue against this with the plans for higher energy efficiency rates at coal-fired power units and the hoped-for success in capturing and storing CO2 at power stations (in a tested, but not proven, process called CCS)," said Schmitz.

If newbuilding and CCS efforts were combined and successful, German coal generators may cut CO2 emissions to 96 million tonnes a year by 2015 versus 111 million in 2008, he said.

Germany uses hard coal for 20 to 25 percent of its annual power generation, depending on demand and rival fuels.

It mined 18.5 million tonnes of hard coal equivalent units last year but this may fall to 13-14 million tonnes in 2009 under long-term phase-out plans, according to the VDIK.

Lignite, a cheaply mined domestic brown coal, continues to hold a stable share of another quarter of power supply.

Source: Reuters (http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLH57244220090617?sp=true)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX). The listing followed the company's p ...


Thursday, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...


Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade *ASX says futures could present new arbitrage opportunities The debut of Australia ...


Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
 COALspot.com (Germany):  World Coal Market  According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...


Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...


   1322 1323 1324 1325 1326   
Showing 6616 to 6620 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Glencore India Pvt. Ltd
  • Krishnapatnam Port Company Ltd. - India
  • Riau Bara Harum - Indonesia
  • IOL Indonesia
  • SASOL - South Africa
  • Indian Oil Corporation Limited
  • Goldman Sachs - Singapore
  • Thailand Anthracite
  • New Zealand Coal & Carbon
  • Runge Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Coalindo Energy - Indonesia
  • Trasteel International SA, Italy
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ministry of Mines - Canada
  • Freeport Indonesia
  • Energy Link Ltd, New Zealand
  • Tanito Harum - Indonesia
  • Carbofer General Trading SA - India
  • EMO - The Netherlands
  • PowerSource Philippines DevCo
  • JPower - Japan
  • Qatrana Cement - Jordan
  • Surastha Cement
  • Central Java Power - Indonesia
  • Georgia Ports Authority, United States
  • Borneo Indobara - Indonesia
  • Arch Coal - USA
  • Binh Thuan Hamico - Vietnam
  • Renaissance Capital - South Africa
  • Africa Commodities Group - South Africa
  • Peabody Energy - USA
  • Maybank - Singapore
  • ACC Limited - India
  • Grasim Industreis Ltd - India
  • Uttam Galva Steels Limited - India
  • Indogreen Group - Indonesia
  • EIA - United States
  • Bukit Asam (Persero) Tbk - Indonesia
  • Russian Coal LLC
  • Cosco
  • Mechel - Russia
  • NALCO India
  • Bukit Baiduri Energy - Indonesia
  • CoalTek, United States
  • European Bulk Services B.V. - Netherlands
  • White Energy Company Limited
  • MS Steel International - UAE
  • Kobexindo Tractors - Indoneisa
  • Larsen & Toubro Limited - India
  • Bhushan Steel Limited - India
  • Bank of China, Malaysia
  • ANZ Bank - Australia
  • Australian Commodity Traders Exchange
  • Geoservices-GeoAssay Lab
  • Miang Besar Coal Terminal - Indonesia
  • London Commodity Brokers - England
  • Mercuria Energy - Indonesia
  • VISA Power Limited - India
  • SMG Consultants - Indonesia
  • Romanian Commodities Exchange
  • U S Energy Resources
  • World Coal - UK
  • Commonwealth Bank - Australia
  • Petrosea - Indonesia
  • Sucofindo - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Barclays Capital - USA
  • Central Electricity Authority - India
  • bp singapore
  • Essar Steel Hazira Ltd - India
  • Antam Resourcindo - Indonesia
  • Tamil Nadu electricity Board
  • TNB Fuel Sdn Bhd - Malaysia
  • Inspectorate - India
  • GHCL Limited - India
  • IBC Asia (S) Pte Ltd
  • Siam City Cement PLC, Thailand
  • Global Business Power Corporation, Philippines
  • Adaro Indonesia
  • KEPCO - South Korea
  • DBS Bank - Singapore
  • Kaltim Prima Coal - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Price Waterhouse Coopers - Russia
  • Britmindo - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Kideco Jaya Agung - Indonesia
  • Petron Corporation, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Kohat Cement Company Ltd. - Pakistan
  • TeaM Sual Corporation - Philippines
  • Global Green Power PLC Corporation, Philippines
  • Jaiprakash Power Ventures ltd
  • Clarksons - UK
  • Makarim & Taira - Indonesia
  • Coal India Limited
  • Bulk Trading Sa - Switzerland
  • Kapuas Tunggal Persada - Indonesia
  • Argus Media - Singapore
  • Planning Commission, India
  • Madhucon Powers Ltd - India
  • GVK Power & Infra Limited - India
  • BNP Paribas - Singapore
  • MEC Coal - Indonesia
  • Therma Luzon, Inc, Philippines
  • J M Baxi & Co - India
  • PTC India Limited - India
  • PNOC Exploration Corporation - Philippines
  • Semirara Mining and Power Corporation, Philippines
  • Sindya Power Generating Company Private Ltd
  • SRK Consulting
  • Heidelberg Cement - Germany
  • Anglo American - United Kingdom
  • Kobe Steel Ltd - Japan
  • Idemitsu - Japan
  • Petrochimia International Co. Ltd.- Taiwan
  • SGS (Thailand) Limited
  • Independent Power Producers Association of India
  • GN Power Mariveles Coal Plant, Philippines
  • Coal Orbis AG
  • Ministry of Transport, Egypt
  • San Jose City I Power Corp, Philippines
  • TANGEDCO India
  • Semirara Mining Corp, Philippines
  • LBH Netherlands Bv - Netherlands
  • Eastern Energy - Thailand
  • Mintek Dendrill Indonesia
  • Maersk Broker
  • ICICI Bank Limited - India
  • Cargill India Pvt Ltd
  • Thriveni
  • Mitsui
  • Simpson Spence & Young - Indonesia
  • Bharathi Cement Corporation - India
  • Gujarat Mineral Development Corp Ltd - India
  • Marubeni Corporation - India
  • The University of Queensland
  • Asmin Koalindo Tuhup - Indonesia
  • Oldendorff Carriers - Singapore
  • Jatenergy - Australia
  • GB Group - China
  • Sree Jayajothi Cements Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Latin American Coal - Colombia
  • Credit Suisse - India
  • Minerals Council of Australia
  • Coal and Oil Company - UAE
  • Thiess Contractors Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Economic Council, Georgia
  • Kartika Selabumi Mining - Indonesia
  • BRS Brokers - Singapore
  • Baramulti Group, Indonesia
  • Vale Mozambique
  • Bank of America
  • Arutmin Indonesia
  • Kumho Petrochemical, South Korea
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Tata Power - India
  • PetroVietnam
  • Mitsubishi Corporation
  • Maheswari Brothers Coal Limited - India
  • Samsung - South Korea
  • Meralco Power Generation, Philippines
  • Deutsche Bank - India
  • Moodys - Singapore
  • IMC Shipping - Singapore
  • Cement Manufacturers Association - India
  • Asian Development Bank
  • Gupta Coal India Ltd
  • Panama Canal Authority
  • Tata Chemicals Ltd - India
  • Japan Coal Energy Center
  • PLN Batubara - Indonesia
  • Salva Resources Pvt Ltd - India
  • Bangladesh Power Developement Board
  • Barasentosa Lestari - Indonesia
  • Permata Bank - Indonesia
  • Merrill Lynch Commodities Europe
  • Jorong Barutama Greston.PT - Indonesia
  • Medco Energi Mining Internasional
  • Pendopo Energi Batubara - Indonesia
  • Enel Italy
  • South Luzon Thermal Energy Corporation
  • Indika Energy - Indonesia
  • Standard Chartered Bank - UAE
  • IHS Mccloskey Coal Group - USA
  • Lafarge - France
  • Siam City Cement - Thailand
  • Shenhua Group - China
  • McKinsey & Co - India
  • NTPC Limited - India
  • Chamber of Mines of South Africa
  • Agrawal Coal Company - India
  • Ambuja Cements Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Intertek Mineral Services - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • PetroVietnam Power Coal Import and Supply Company
  • Bhatia International Limited - India
  • Power Finance Corporation Ltd., India
  • UBS Singapore
  • Ernst & Young Pvt. Ltd.
  • Coastal Gujarat Power Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Sojitz Corporation - Japan
  • Sical Logistics Limited - India
  • Videocon Industries ltd - India
  • OCBC - Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • Platts
  • Directorate Of Revenue Intelligence - India
  • Cebu Energy, Philippines
  • Jindal Steel & Power Ltd - India
  • globalCOAL - UK
  • Port Waratah Coal Services - Australia
  • PLN - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Ministry of Finance - Indonesia
  • The Treasury - Australian Government
  • CNBM International Corporation - China
  • Aboitiz Power Corporation - Philippines
  • Metalloyd Limited - United Kingdom
  • Ince & co LLP
  • Sarangani Energy Corporation, Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Electricity Generating Authority of Thailand
  • Total Coal South Africa
  • Attock Cement Pakistan Limited
  • SMC Global Power, Philippines
  • Australian Coal Association
  • Inco-Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Iligan Light & Power Inc, Philippines
  • Indian School of Mines
  • KPCL - India
  • Xindia Steels Limited - India
  • Mitra SK Pvt Ltd - India
  • Malco - India
  • Xstrata Coal
  • Electricity Authority, New Zealand
  • Thermax Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Infraline Energy - India
  • GAC Shipping (India) Pvt Ltd
  • Karaikal Port Pvt Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Adani Power Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Shree Cement - India
  • Noble Europe Ltd - UK
  • Wilmar Investment Holdings
  • ING Bank NV - Singapore
  • HSBC - Hong Kong
  • Ind-Barath Power Infra Limited - India
  • Global Coal Blending Company Limited - Australia
  • Indorama - Singapore
  • Platou - Singapore
  • Gujarat Sidhee Cement - India
  • Cigading International Bulk Terminal - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Mercator Lines Limited - India
  • Singapore Mercantile Exchange
  • Fearnleys - India
  • Dalmia Cement Bharat India
  • Lanco Infratech Ltd - India
  • CESC Limited - India
  • Thomson Reuters GRC
  • CCIC - Indonesia
  • Indian Energy Exchange, India
  • Sakthi Sugars Limited - India
  • APGENCO India
  • Bangkok Bank PCL
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Rio Tinto Coal - Australia
  • Parliament of New Zealand
  • Bhoruka Overseas - Indonesia
  • RBS Sempra - UK
  • Asia Cement - Taiwan
  • Vitol - Bahrain
  • Manunggal Multi Energi - Indonesia
  • Reliance Power - India
  • Parry Sugars Refinery, India
  • Berau Coal - Indonesia
  • Posco Energy - South Korea
  • Vijayanagar Sugar Pvt Ltd - India
  • Indonesia Power. PT
  • TGV SRAAC LIMITED, India
  • Merrill Lynch Bank
  • KPMG - USA
  • Wood Mackenzie - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Pinang Coal Indonesia
  • Deloitte Consulting - India
  • Formosa Plastics Group - Taiwan
  • Altura Mining Limited, Indonesia
  • UOB Asia (HK) Ltd
  • The State Trading Corporation of India Ltd
  • Core Mineral Indonesia
  • Cemex - Philippines
  • TNPL - India
  • Orica Mining Services - Indonesia
  • Mjunction Services Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Rudhra Energy - India
  • Maruti Cements - India
  • Humpuss - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • TRAFIGURA, South Korea
  • KOWEPO - South Korea
  • Samtan Co., Ltd - South Korea
  • Gresik Semen - Indonesia
  • CIMB Investment Bank - Malaysia
  • Banpu Public Company Limited - Thailand
  • Malabar Cements Ltd - India
  • ETA - Dubai
  • Cardiff University - UK
  • Indonesian Coal Mining Association
  • Alfred C Toepfer International GmbH - Germany
  • Holcim Trading Pte Ltd - Singapore
  • Savvy Resources Ltd - HongKong
  • SUEK AG - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • WorleyParsons
  • Energy Development Corp, Philippines
  • Meenaskhi Energy Private Limited - India
  • Vizag Seaport Private Limited - India
  • World Bank
  • Star Paper Mills Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Toyota Tsusho Corporation, Japan
  • Edison Trading Spa - Italy
  • Aditya Birla Group - India
  • International Coal Ventures Pvt Ltd - India
  • IEA Clean Coal Centre - UK
  • Orica Australia Pty. Ltd.
  • Eastern Coal Council - USA
  • Bukit Makmur.PT - Indonesia
  • ASAPP Information Group - India
  • Coaltrans Conferences
  • Globalindo Alam Lestari - Indonesia
  • India Bulls Power Limited - India
  • JPMorgan - India
  • Vedanta Resources Plc - India
  • Interocean Group of Companies - India
  • McConnell Dowell - Australia
  • GMR Energy Limited - India
  • The India Cements Ltd
  • Thai Mozambique Logistica
  • Straits Asia Resources Limited - Singapore
  • GNFC Limited - India
  • Coeclerici Indonesia