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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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Wednesday, 26 July 17
SHIPPIPNG MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
After an admittedly challenging 2016, the Dry Bulk market kicked off this year on a much more positive note, with all indices steadily increasing u ...
Monday, 24 July 17
THE FREIGHT MARKET ROSE THIS PAST WEEK COMPARED TO THE PREVIOUS WEEK
COALspot.com: The Freight market rose this past week compared to the previous week, as BDI and Cape indexes show a positive trend week over week.
...
Friday, 21 July 17
ESTIMATED WEEKLY U.S. COAL PRODUCTION TOTALED APPROXIMATELY 15.3 MMST; UP 13.5% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tonn ...
Thursday, 20 July 17
SUPRAMAX: INDO COAL ROUNDS ARE TRADING AROUND MID/HIGH $11K WITH SINGAPORE DELIVERY - FEARNLEYS
Supramax
A positive week again in the Pacific with rates moving upwards.
According to Fearnleys Weekly Dry bulk report, Nopac rounds are pay ...
Wednesday, 19 July 17
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
Referring back to a previous Intermodal insight that was written in the first quarter of 2017, the author at the time had claimed that MR tanker ra ...
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Showing 1996 to 2000 news of total 6871 |
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- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Planning Commission, India
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- London Commodity Brokers - England
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Minerals Council of Australia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
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