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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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Saturday, 13 April 13
THE FREIGHT MARKETS EXPECTED TO HOLD FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - This freight market firmed up this week and all sectors were up except for Supramax index.
The BDI was up by 1.62 pct closing at 8 ...
Friday, 12 April 13
DRY BULK SHIP OWNERS DEVELOPED NEWFOUND APPETITE FOR BULKERS DURING FIRST QUARTER OF 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's official; more and more ship owners operating in the dry bulk market appear to have developed a newfound optimism in the market's prospects. ...
Thursday, 11 April 13
HANDY: INDO - INDIA NOW BEEN REPORTED AT APS BASIS AT USD 10K+BB 85K - FEARNLEYS
Handy
The Atlantic markets remain with not many cargoes seen this week. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 12k. The Pacifi ...
Thursday, 11 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 15.96 PERCENT LESS COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,545,914 tons of thermal and coking coal for week ended 0700 hours 8 April 2013, Newcas ...
Thursday, 11 April 13
TNEB HAS OPENED 4.2 MILLION TONS IMPORTED COAL TENDER
COALspot.com - TANGEDCO, the state run utility TANGEDCO (formerly known as TNEB), Tamil Nadu state owned electricity company has opened bids to purc ...
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Showing 4316 to 4320 news of total 6871 |
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- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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