We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 ...
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 ...
Monday, 31 July 17
KOMIPO INVITES BIDS FOR 750K MT OF 5,700 KCAL/KG NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 750,000 Metric Tons of Bituminous coal for its B ...
|
|
|
Showing 1986 to 1990 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
|
| |
| |
|
