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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 Association, the decrease was caused primarily by developments in China (-185 million tonnes) and the USA (-147 million tonnes). The shale gas boom was not the only factor playing a role in the USA. From the world market perspective, the USA is a supplier with relatively high costs, putting pressure on the industry. In China, the central government has begun shutting down unsafe and expensive mines. China’s imports rose to 124 million tonnes, however, especially as compensation for the production cutbacks resulting from limitations in working hours.
Existing generation capacity for imported hard coal is still best backup for the energy turnaround - VDKi
The coal importers association of Germany further said, if these two effects were excluded, world hard coal production would have risen by 64 million tonnes and not dropped by 268 million tonnes. Hard coal production rose in Colombia (+5.8%), Russia (+2.9%), Australia (+2.9%), India (+2.1%) and Indonesia (+1.2%). The rise in production in these countries is evidence that there are still countries with a growing demand for coal. While India produces a substantial part of its own demand, although nevertheless importing significant quantities from the world coal market, there are a number of ASEAN countries that are triggering a demand on the world coal market because of the demand for supplies to newly constructed hard coal-fired power plants.
The association further noted this is also why seaborne trade with steam coal dipped by only 0.7%. Seaborne trade with coking coal, on the other hand, shrank by 5.2%. The bottom line is that seaborne world trade declined by 1.8% from 1,135 million tonnes to 1,115 million tonnes. There was a significant slowdown in the drop in comparison with the previous year (-8.5%).
Imported coal continues to be a competitive, safe and reliable energy source - VDKi
This also put an end to the slump in coal prices. Compared to the lowest points, the price for steam coal had at one point doubled, and the price for coking coal had even trebled. This temporarily led to a shift in the competitive position of hard coal versus natural gas for power generation. In the meantime, prices have again dropped. Both of these temporary price movements were overreactions that resulted from the production cutbacks being implemented in China.
Germany Coal Importers Association strongly believe that the Imported coal continues to be a competitive, safe and reliable energy source in Germany. Since renewable energy sources alone cannot guarantee a secure supply, thermal power plant output will continue to be a critical pillar for a longer period of time. Hard coal is an ideal partner – the countries of origin are distributed all around the globe so that supplies are safe from crises. Nor can zero emissions be achieved using natural gas. If the German energy turnaround is to continue its success, it must be implemented in other sectors as well. In 2016, CO2 emissions rose in road traffic and for heating. The strongest growth in CO2 emissions came from the use of natural gas (9.5%).
Think tank: use of hard coal capacity more flexible than generally known - VDKi
Sector coupling will lead to a growing need for backup capacities to an even higher level than today so that the fluctuating supply from renewable energy sources can be compensated. It is economically efficient to use existing power plant capacities for this purpose, whether they are fired by coal or natural gas. The think tank Agora Energiewende recently determined that coal is much more flexible than is generally known. And coal is a bargain. European emissions trading will be a dependable method for reaching the CO2 reduction targets. A CO2 minimum price only makes the energy costs for German industry higher.
The conclusion: hard coal will be needed for a much longer time than many believe. Supplies are secure, the fuel can be used flexibly and is a bargain because it is subject to constant competition – to the benefit of consumers, Germany Coal Importers Association concluded.
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Tuesday, 17 October 17
SULPHUR 2020: COMING, READY OR NOT - ALIBRA SHIPPING
Some 70% of shipping companies surveyed say they do not believe the industry is ready for IMO’s 2020 deadline, when a global limit of 0.5% su ...
Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, ...
Monday, 16 October 17
INDONESIA TO INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate ...
Friday, 13 October 17
THE SHORT-TERM OUTLOOK FOR THE PANAMAX MARKET REMAIN POSITIVE - FEARNLEYS
Supramax
The market has picked up strongly since last week with the Chinese holidays. In the Pacific rates are increasing with some strong number ...
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Showing 1911 to 1915 news of total 6871 |
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- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- CNBM International Corporation - China
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
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