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Saturday, 23 March 13
WORLD COAL TRADE FIRST PASSES 1 BILLION TONS IN 2012 - VEREIN DER KOHLENIMPORTEURE E.V
 Press Release: Hard coal imports to Germany on the previous year's level in spite of regenerative energies. Imports for power plants at an all-time high.
The Verein der Kohlenimporteure e.V. performed an initial preliminary assessment of the development of the global hard coal market and the German import hard coal market based on comprehensive evaluations and own calculations.
The final figures can only be published in the annual report of the VDKi at the middle of the year. Managing Director of the VDKi, Dr Erich Schmitz, on this: "We want to contribute to objectification of the energy politics debate with figures, data, facts and backgrounds. For decision makers in the industry and energy management, not only the development of regenerative energies but mainly that of hard coal on the global market, in Europe and in Germany is of great interest".
Global Hard Coal Production
The global hard coal production should have exceeded the 7 Billion tons threshold for the first time in total. According to the VDKi, this development is essentially influenced by unimpaired production in Australia after the problems caused for months by flooding of Queensland in 2011. The VDKi believes that this led to an increase of production by 35-40 M t.
China likely also increased its production by another 50 to 60 M t for power generation in Chinese power plants. Apart from this, the image of the main production countries differs: South Africa could increase production by 8 to 10 M t and Colombia by 4-6 M t. Additionally, there are considerable new productions from Mongolia and Mozambique. In other countries, such as Indonesia, in contrast, hard coal production stagnates. Frequent reasons for this are strong rains that lead to temporary failure of production.
The production in the USA has clearly reduced. In consideration of the competition for the cheap shale gas, various hard coal deposits and high inner-American transport costs, there is hardly any chance to economically produce coal. Added to this are stricter environmental provisions that lead to partial relocation of power generation from old coal-fired power plants to gas-fired power plants near the shale-gas deposits. The reduction on the US home market was partially compensated for by greater exports. Due to the quantity pressure, steam coal was partially sold below the spot market price, which in turn had a price-dampening effect on the global market price. Germany hard coal consumers have profited from this development.
Global Seaborne Hard Coal Trade
Seaborne trade in hard coal exceeded the billion threshold for the first time in 2012 (previous year 978 M t). All in all, the VDKi has calculated that about 1,050 Bn. t of hard coal were transported by ship, corresponding to an increase of 72 M t or 7%. Internal trade is added to this. According to preliminary calculations of the VDKi, in particular Australia exported more than in 2011 at about 35 M t (or 12 %). Russia follows at + 18 M t (or 12%), the USA at + 16 M t (+ 20%) and South Africa at + 8 M t (or 13%). In contrast, China exported less, at - 5 M t (- 36%), as did Vietnam at - 2 M t (- 11%).
Hard Coal Imports to Germany
According to first evaluations, nearly as much hard coal, including coke and anthracite, (48 M t) as in the year before (48.4 M t) was imported to Germany. While the coking coal and coke imports for the steel industry reduced by nearly 1.5 M t due to development of the economy, more coal than ever was imported for the power plants (nearly 35 M t).
The imported hard coal of nearly 48 M t is structured as follows by countries of origin:
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Almost 20% more coal than in 2011 was imported from the USA (nearly 10 M t) - at 11.5 M t, Russia was once again the most important coal exporter for Germany. Colombia, still the second-most important coal supplier for Germany in 2011, dropped to place three at 9.4 M t. (- 13%). The importance of South Africa for the German hard coal import is declining. At nearly 2 M t, about 25% less coal was imported from South Africa in 2012. The country increasingly aligns its market towards Asia.
All in all, the manager comments on this pleasant development with mixed feelings: "Contrary to expectations, the utilization of German hard coal in power plants was pleasantly high. Of course we were happy about the high imports that resulted. The coverage contributions achieved by this, however, are not sufficient during many hours of the day. The low CO2-certificate price, the dropped global market prices for coal and the still-high gas prices have helped the power plants in the Merit-Order, but the power generated was mainly exported to Holland, France and Denmark, since the high PV and wind power in feed caused a price drop at the German electricity exchange specifically during the peak hours that were so important for the coal-fired power plants, that importing power was more economically efficient for the neighboring countries than generating it.
The prices at the German electricity exchange EEG, however, are partially not even sufficient to balance out the fuel costs. The system of a regulated market with EEG compensation and priority in feed for regenerative energies on the one hand and power marketing from conventional power plants in a competitive market on the other hand does not go over well. We urgently require a new power market design in which the regenerative energies must align themselves in a market-oriented manner after 15 years of liberalization on the electricity market."
Source: Verein der Kohlenimporteure e.V. (Germany Coal Importers Association)
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Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments.
The BDI was up by 6.70 pct closed at 843 points, ...
Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state&rsqu ...
Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...
Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference ...
Friday, 08 March 13
DRY BULK MARKET ON A RISING TREND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its rising pattern set after China opened up again for business, following the Asian New Year Holidays. As a resul ...
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- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- The University of Queensland
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
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