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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, 18 July 17
CHINA'S ECONOMY HAS BOOSTED OPTIMISM IN THE MARKET - GEORGE LAZARIDIS
COALspot.com: China’s economy has boosted optimism in the market as its recently announced GDP growth for the second quarter of the year exce ...
Friday, 14 July 17
IMPORTED COAL IS STILL A SAFE AND RELIABLE SOURCE OF ENERGY IN GERMANY - VDKI
COALspot.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 t ...
Friday, 14 July 17
U.S. WEEKLY COAL-OUTPUT IN SIGNIFICANT DECLINE, EIA FIGURES SHOW
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.4 million short tonn ...
Thursday, 13 July 17
BELT AND ROAD SHIPPING INDICES OFFICIALLY RELEASED - XINHUA
COALspot.com: The Shanghai Shipping Exchange (SSE) Tuesday officially launched the Belt and Road shipping indices to track freight trade data among ...
Thursday, 13 July 17
SUPRAMAX: NICKEL ORE TRIPS TO CHINA VIA PHILIPPINES WITH DELIVERY S. CHINA IS PAYING AROUND MID $9000 - FEARNLEYS
Supramax
COALspot.com: Another slow start to the week with somewhat softening rates and few fixtures.
Nickel Ore trips to China via the Phil ...
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Showing 2001 to 2005 news of total 6871 |
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- White Energy Company Limited
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
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