We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 23 November 14
ITALY'S STEAM COAL IMPORTS TO DROP BY 11% IN 2014 - ASSOCARBONI
 COALspot.com: Italy’s steam coal imports expected to drop to 16 million tons in 2014 (-11% compared to 2013); coking coal imports to plunge to 4 million tons (-15% YoY).
Global seaborne coal trade to grow by 3% to 1,158 million tons this year.
“The opposite trend on coal we are seeing in Italy, compared to the rest of the world, demonstrates the weakness of the country’s energy policy” said Andrea Clavarino, Chairman of Assocarboni.
This year Italy will import 16 million tons of steam coal, down 11% from 2013, and 4 million tons of coking coal, a fall of 15% compared to last year.
The main reason for the drop in steam coal imports is the closure of the Vado Ligure coal plant. On the other hand, the fall in coking coal imports is largely due to the enduring troubles of the ILVA steel plants in Taranto, adding to the persistent economic problems of the country.
On the contrary, global seaborne coal trade is expected to grow by 3%, reaching the level of 1,158 Mt (compared to 1,124 Mt in 2013), and global coal production is forecast at 7.2 billion tons (+2% over 2013).
Global coal demand is led by India and China, however, coal will remain the leading source of power generation in Europe too.
These are some of the figures disclosed by Andrea Clavarino, Chairman of the Italian Coal Association – Assocarboni – during the 2014 Coal Industry Advisory Board plenary meeting in Paris (CIAB).
Talking about the Italian scenario, Andrea Clavarino – who is delegate of the Italian Government to the CIAB board, a coal consultative body of the IEA – emphasised once more the risks associated with the country’s energy strategy, which has been for decades far too dependent on natural gas.
“Italy’s energy policies have made life difficult for coal operators in recent times, and we are now facing an extremely dangerous situation. A number of investments in coal power plants, which would allow the country to secure its energy independence, reduce its energy bill and equip its plants with the best available technologies, are being stalled by the authorisation process”, he stated.
“Italy’s energy system is vulnerable due to its dependence for about 50% on natural gas, 40% of which is imported from Russia. This exposes the country to the geopolitical risk of supply disruptions. It is estimated that a shortage of natural gas supply from Russia this winter would be manageable only if it lasted less than 20 days, and with no adverse weather conditions”.
“Less natural gas, which is expensive and carries obvious implications in terms of security of supply, and more coal and renewables: this is the simple proposal that Assocarboni put forward in Italy, based also on the experience of other countries, such as the UK, Germany, Spain and Turkey, which in 2013 increased the proportion of coal in their energy mix”.
“The country cannot afford any mistakes with its future energy choices. Recently, many major operators have been deterred from developing coal projects in Italy, due to a legal framework that does not guarantee investment security and timing”.
“At the beginning of October, in Canada, a coal plant of 110 MW with carbon capture and storage technology was opened, allowing the production of electricity with CO2 emissions reduced by 90%. The project engaged 1,700 people, who put in 4.5 million hours of work, for a total investment of USD 1.2 billion”.
“In a context of economic difficulties, we should not forget that the coal industry is a labour intensive industry. The construction of new plants, as well as the upgrading of existing ones, would entail the creation of thousands of new jobs”, Andrea Clavarino concluded.
Source: Assocarboni / Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 22 November 14
THE FALL IN BUNKER PRICES REDUCE FUEL COSTS SIGNIFICANTLY - BIMCO, PETER SAND
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as USD 1 million a year if current price level st ...
Saturday, 22 November 14
DRY BULKERS NEWBUILDING DELIVERIES REACHED 11.8 MILLION DWT DURING THIRD QUARTER, NET FLEET GROWTH FOR 2014 TO REACH 5% - HELLENIC SHIPPING NEWS
The dry bulk market has rebounded since its less than impressive performance since the start of the year, but overall, third quarter figures could ...
Friday, 21 November 14
BUMI ENTERS INTO CONDITIONAL SALE & PURCHASE AGREEMENT TO SELL FBS STAKE
COALspot.com: PT Bumi Resources Tbk, one of the Indonesia's largest coal producers confirms that it has executed a Conditional Sale and Purchas ...
Friday, 21 November 14
U.S LAST WEEK'S COAL PRODUCTION STAYS FLAT W-O-W
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
Thursday, 20 November 14
MOST MAJOR ASIAN ECONOMIES TO BENEFIT FROM LOWER OIL - FITCH
COALspot.com: The 25% drop in the price of oil since July is likely to lift economic growth prospects, improve terms of trade, and have a pot ...
|
|
|
Showing 3356 to 3360 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- ASAPP Information Group - India
- Bhatia International Limited - India
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
|
| |
| |
|
