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

Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today. & ...


Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...


Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...


Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...


Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed th ...


   1354 1355 1356 1357 1358   
Showing 6776 to 6780 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 ...

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