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Friday, 14 July 17
IMPORTED COAL IS STILL A SAFE AND RELIABLE SOURCE OF ENERGY IN GERMANY - VDKI
German Coal Importers AssociationCOALspot.com: Imported coal is still a safe and reliable source of energy in Germany. World coal mining has reached a high plateau, but not yet a turning point. Demand in the US and China has been declining. But there are already signs of recovery. And in India and the ASEAN countries, demand is growing because of the construction of modern new coal-fired power plants.

According to a press conference invitation e-mail from German Coal Importers Association, In Germany, renewable energies are still in the foreground. However, these alone cannot guarantee a secure supply. Over a long period, the capacity of thermal power plants will remain an important pillar. Hard coal is an ideal partner for this purpose - the countries of origin are distributed across the globe in a crisis-free manner.

The Coal Importers Association further noted, the Agora Energiewende recently discovered that coal is much more flexible than previously known. And coal is cheaper than natural gas. A carbon price floor would only lead to distortions of competition, and it would also be superfluous in the European emissions trading scheme, because the CO2 reduction targets are reliably achieved by decreasing emission ceilings (caps) every year.


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Recent News

Friday, 04 August 17
U.S. WEEKLY COAL OUTPUT UP 4.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...


Friday, 04 August 17
IMPORTED COAL CONTINUES TO BE A COMPETITIVE, SAFE AND RELIABLE ENERGY SOURCE FOR GERMANY - VDKI
COALspot.com: Worldwide hard coal production in 2016 declined by 3.8% to 6.7 billion tonnes. According to the Germany Coal Importers Associati ...


Thursday, 03 August 17
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE GETTING FIXED AROUND MID $8000 - FEARNLEYS
In the Pacific rates have remained weak and under pressure this week with most routes softening. Indo/China coal rounds are getting fixed arou ...


Thursday, 03 August 17
BUMI RESOURCES COAL SALES RELATIVELY FLAT AT 41.5 MILLION TONS IN 1H' 17; REPORTS US$162.3 MILLION PROFIT IN FIRST SEMESTER
COALspot.com: The BUMI Resources, Indonesia’s one of the largest coal producer, has reported a net income of $162.3 million in 1H’ 17 c ...


Wednesday, 02 August 17
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
During the duration of the first half of the year, the dry bulk market saw intense buying interest that boosted SnP prices significantly. We saw a ...


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