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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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Tuesday, 23 January 18
OIL MARKET ANALYSIS - ALLIED
Brent oil futures hit a three year high on January 16th touching around USD 70.30 before falling back down to around USD 68.60 at the Time of this ...
Friday, 19 January 18
U.S. WEEKLY COAL OUTPUT WAS 13.5 MMST FOR THE WEEK ENDING JANUARY 13, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.5 million short tons ...
Wednesday, 17 January 18
SHIPPING MARKET INSIGHT - INTERMODAL
As we are now well into the first month of 2018, the mood across the entire offshore industry undeniably remains rather positive following the oil ...
Monday, 15 January 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO WEAK THIS WEEK - VISTAAR
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
Monday, 15 January 18
QUEENSLAND SHIPPED 210.8 MT OF COAL IN 2017, DOWN 5% YOY QUEENSLAND RESOURCES COUNCIL
Queensland's coal exports over the 12 months reached 210.8 mt which is down 10 mt or 5 per cent from the previous year’s record of 220.8 ...
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Showing 1826 to 1830 news of total 6871 |
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- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Australian Coal Association
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
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