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Thursday, 18 January 18
WORLD TRADE IN HARD COAL RISES BY 1.5% IN 2017 - KOHLENIMPORTEURE
 Press Release: World Trade in Hard Coal Rises by 1.5% in 2017. German Steam Coal Imports Plummet by 15% in 2017 – in Contrast to Other Sectors, Hard Coal Contributes to Reduction in CO2.
According to provisional calculations by the German Coal Importers Association, world trade in hard coal in 2017 rose by 1.5% to 1,140 million tonnes; global hard coal production increased even more by 2% to 6.9 billion tonnes. Following the slump in 2016 – only recently the subject of a report from the International Energy Agency – production and world trade have recovered. The seaborne exports from the United States of America (USA) alone rose by 30 million tonnes (60%). Growth in seaborne trade also appeared in Russia and South Africa (7% in both cases). South Africa, once an important source of supply for Europe, now sends its production largely to Asian countries.
The decline in production in 2016 was primarily a consequence of the difficult situation in the USA from a series of bankruptcies and of the closure of unsafe mines in the People’s Republic of China. Both of these countries posted growth again in 2017, however: 7% in the USA and 2% in China. Production in India also posted strong growth (+3.2%).
The rise in world trade in hard coal is above all a result of growing demand in the ASEAN countries where the manufacturing sector is growing steadily. The construction of modern hard coal-fired power plants and rising steel production are the triggers for additional demand for coking and steam coal. The development model of these countries, like that of the People’s Republic of China, is based on hard coal and will convert to renewable energy sources only after a time delay.
The German hard coal imports moved contrary to the global trend and fell massively by 6 million tonnes (about 10%). While the import of coking coal rose by 0.6 million tonnes and the import of coke increased by 0.3 million tonnes, the use of coal in power generation fell by almost 7 million tonnes (about 15%). The root cause of this is above all the virtually unlimited construction of additional wind farms in a year with outstanding wind yield. The contribution of onshore wind to gross power generation rose by 30% (or 2% points) in 2017 while the contribution of offshore wind rose by 47% (or 1% point). The contribution of hard coal to gross power generation, on the other hand, declined by 17% in 2017 (or 3% points).
These figures more than clearly demonstrate that the exit from hard coal-fired generation of electric power is already reality and that no further government intervention is required. Hard coal-fired power plants will still be urgently required to support the fluctuating feed-in from renewable energy sources even though the generation from the former is declining. This is why hard coal-fired power plants must be given fair access to capacity markets. The most recent decisions by the European Energy Council fall short of what is required; the planned CO2 tolerances cannot be met by either hard coal-fired power plants or gas turbines. The highly efficient gas-fired and steam turbine power plants are constructed solely in conjunction with industrial cogeneration of heat and power or district heating, not for the compensation of fluctuating feed-in from renewable energy sources. If the European Union adheres to its plans, it will put supply security in Europe at serious risk.
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Wednesday, 21 February 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
2017 proved to be a relatively good year with positive margins for the Dry Bulk market. Especially during the last quarter of the year everyone can ...
Tuesday, 20 February 18
INDIA: COAL IMPORT RISES BY 12 PER CENT TO 18 MILLION TONNES IN JANUARY - PTI
The country’s coal import increased by 12.4 per cent to 18.49 million tonnes (MT) in January, against 16.
44 MT in the same month of the ...
Monday, 19 February 18
JOINT INSURANCE - WHY SHOULD YOU CARE? - SKULD
KNOWLEDGE TO ELEVATE
It is neither controversial nor new to say that co-assureds under a joint insurance policy cannot claim against each othe ...
Friday, 16 February 18
U.S. WEEKLY COAL OUTPUT DOWN 4.5 PER CENT WEEK OVER WEEK, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Thursday, 15 February 18
INDIA: THERMAL POWER PLANTS UNDER STRESS ON RISING COAL, FREIGHT COSTS - BUSINESS STANDARD
Coal-based power plants are feeling the heat of spike in thermal grade coal prices and railway freight costs.
Prices of thermal grade coal sin ...
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Showing 1801 to 1805 news of total 6871 |
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- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Australian Coal Association
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- The University of Queensland
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
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