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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.
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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 .
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Sunday, 01 September 13
INDONESIA TO INDIA SPOT FREIGHT STAYS FIRM THIS WEEK - VISTAAR
COALspot.com: The freight market continued to be firm with even though the BDI and Cape index dropped by about 3 pct week on week.
The BDI was do ...
Friday, 30 August 13
US COAL PRODUCTION FELL 0.48 PERCENT WEEK ON WEEK - EIA
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.70 million short tons (mmst) of ...
Thursday, 29 August 13
HANDY: THE PACIFIC MARKET STARTED HEALTHY THIS WEEK - FEARNRESEARCH
Handy
The Pacific market started healthy this week. We have seen many bauxite, iron ore and few coal fixtures. Ships passing Singapore were able to ...
Thursday, 29 August 13
NO RATING IMPACT ON INDONESIAN ENERGY COMPANIES FROM RUPIAH DEPRECIATION - FITCH RATINGS
Fitch Ratings says the credit profiles of rated Indonesian energy and utilities companies, including thermal coal producers, will largely remain una ...
Wednesday, 28 August 13
THE BDI HAS MOVED TO LEVELS CONSIDERABLY STRONGER THAN THE BEGINNING OF THE YEAR - INTERMODAL
By George Bassakos
SnP Broker - Intermodal
We have already reached the end of August and whilst students are preparing themselves for another sc ...
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- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Marubeni Corporation - India
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
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