We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 30 July 13
HARD COAL ON THE WAY TO BECOMING THE WORLD'S MOST IMPORTANT ENERGY SOURCE - VDKI
 Press Release : Hard coal continued to be the world’s fastest-growing fossil primary energy source in 2012. It covered about 28% of the world's demand for primary energy, totalling 19.1 billion TCE. The Asian-Indian region above all utilised electricity from coal-fired power plants to promote its growth. Production rose by 208 million tonnes or 3% to about 7.2 billion tonnes in 2012. The lion’s share is attributable to China, which accounts for over 50% of production and 21% of global energy consumption. Five Pacific countries (China, India, Australia, Indonesia and Vietnam) account for approximately 70% of global hard coal production.
In its latest medium-term energy forecast for 2012-2017, the International Energy Agency (IEA) predicts that coal could replace oil as the most important source of energy in five years. The IEA furthermore estimates that the global increase in coal consumption will also continue to increase by an average of 2.6% p.a. over the next five years. India, not China, will be the country with the most significant increase in coal consumption, potentially making it the biggest coal importer. Hard coal will thus retain its dominant position. In OECD countries, the IEA forecasts a slight decrease in coal consumption by 0.8% p.a. until 2017, but an increase of 3.9% in non-OECD countries.
Primary energy consumption in the 27 EU countries fell from 2.46 billion TCE to 2.37 billion TCE (-3.7%) due to the stagnant economic situation. The proportion of coal increased from 16% to 19%, despite expansion of renewable energy sources, but at the expense of gas. In Europe, hard coal production fell by 1 million tonnes to 128 million tonnes, of which 78 million tonnes was attributable solely to Poland, 17 million tonnes to the UK and 12 million tonnes to Germany.
 |
Seaborne world trade in hard coal continues to increase. The world market for hard coal (seaborne trade and internal trade) in 2012 grew by 122 million tonnes or around 12% to 1,164 million tonnes. In 2012, seaborne trade in hard coal increased by 104 million tonnes to 1,082 million tonnes (+11%), and internal trade even increased by 28% or 18 million tonnes to 82 million tonnes. Total world trade in hard coal in 2012 reached 1,164 million tonnes, significantly passing the billion-tonne mark for the second time. Whilst the coking coal market only saw an increase of 17 million tonnes to 256 million tonnes due to the stagnant to shrinking steel market, the steam coal market grew by 12% or 87 million tonnes to a total of 826 million tonnes. The increase in internal trade is primarily attributable to exports from Mongolia to China and from Kazakhstan to Russia.
Additional slight growth in the demand for overseas coal, above all in Asia, isexpected for 2013. As the world economic outlook, particularly in OECD countries, isotherwise rather restrained, a fall in prices for steam coal, coking coal and coke hasbeen observed since the beginning of the year.
Coal imports into Germany in 2012 took advantage of German electricity exports to neighbouring countries - hard coal consumption rose by a total of 3.1%.
Power generation and the steel industry caused to different consumption of coal. Whilst the consumption of coking coal and coke fell by 10% from 17.1 million tonnes to 15.4 million tonnes, there was an increase in the use of steam coal by 6.1% to 40.1 million TCE and on the heating market by 0.1 million TCE to 1.5 million TCE.
Imports to Germany only slightly down in 2012. Imports of hard coal totalling 47.9 million tonnes were only slightly lower than in 2011 (48.3 million tonnes), of which steam coal accounted for 35.3 million tonnes (+1.1 million tonnes), coking coal for 9.6 million tonnes (-0.4 million tonnes) and coke 3 million tonnes (-1.2 million tonnes).
As there has been no change in the economic weakness affecting the steel industry, imports will not increase in 2013. We estimate that the demand for steam coal will remain at the 2012 level as a result of the favourable clean dark spread compared to gas and the further decline in German hard coal mining.
Hard coal imports totalling around 46 million tonnes are therefore anticipated for 2013.
The Association of Coal Importers (VDKi)
The VDKi represents the interests of the German market for imported hard coal. The German and European members are from the sectors of the power industry, industry, trade and logistics. The Association currently has 76 members who consume about 83% of German demand for hard coal amounting to approximately 57 million tonnes in their facilities. In 2012, imported coal covered 73% of coal sales in Germany. The VDKi represents the overwhelming share of the hard coal market (German and imported hard coal) in Germany, with a financial volume running into billions. Further information can be found at www.verein-kohlenimporteure.de .
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 08 September 13
BALTIC INDEX UP ON HIGHER CAPESIZE, PANAMAX RATES
COALspot.com : The freight market continued saw one of the biggest rally last week with Cape Size taking the lead followed by Panamax.
The BDI wa ...
Friday, 06 September 13
DRY BULK MARKET REACHES NEW YEAR-HIGHS ON THE BACK OF INCREASED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been on the rise once again, but this time around any new increase of freight rates translates into new year-highs, thus bri ...
Friday, 06 September 13
US PRODUCED APPROXIMATELY 90.80 MMST OF COAL IN AUGUST
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.90 million short tons (mmst) of ...
Thursday, 05 September 13
INDONESIAN COAL EXPORTS UP BY 6.72 PERCENT IN JULY
COALspot.com: Indonesia, the world's largest multi grade coal exporter shipped 35.268* million tons of coal in July 2013. Indonesian coal exp ...
Thursday, 05 September 13
HANDY: NICKEL ORE WAS PUSHING THE FAR EAST MARKET - FEARNLEYS
Handy
Nickel Ore was pushing the Feast market, several ships were fixed from low teens to $14k. Indo/India was still supported by bauxite, while th ...
|
|
|
Showing 4136 to 4140 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
|
| |
| |
|
