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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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Friday, 30 June 17
U.S. WEEKLY COAL OUTPUT SLIGHTLY DOWN
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.6 million short tonn ...
Wednesday, 28 June 17
SHIPPING MARKET INSIGHT - TIMOS PAPADIMITRIOU
From the beginning of the year until now SnP activity has changed significantly. To put things into perspective, after a fast and furious q1 on the ...
Monday, 26 June 17
PANAMAX/KAMARMAXES HAD A STRONG WEEK WITH RATES RISING IN MOST AREAS OF THE MARKET - BALTICEXCHANGE
Capesize
A dark cloud appeared to have descended over the market for the big ships with rates continuing to slide in all areas. There was a repor ...
Friday, 23 June 17
U.S. WEEKLY COAL PRODUCTION TOTALED APPROXIMATELY 15.8 MMST; UP 1.8% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.8 million short tonn ...
Wednesday, 21 June 17
MARKET INSIGHT - SHIPPING
Looking back at March and April shipping reports when the dry bulk indexes were starting to move up, a number of shipping analysts were stating tha ...
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Showing 2016 to 2020 news of total 6871 |
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Ministry of Mines - Canada
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
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