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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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Thursday, 04 January 18
SUPRAMAX: INDO TO CHINA WERE FIXED AT AROUND $8K DAILY; DOWN AROUND 27% WOW
Supramax
Q1 kicked off with an usual standby with all counterparts waiting for the market to take direction. Further holidays in East-Europe adde ...
Wednesday, 03 January 18
KOMIPO TO BUY 130K TONS OF MIN. 5700 NAR COAL FOR FEB 2018 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130k Metric Tons of min. 5700 NAR coal to be burnt a ...
Friday, 29 December 17
PORT OF NEWCASTLE SHIPPED A$ 1.527 BILLION WORTH OF 12.65 MT OF COAL IN NOVEMBER
COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export port has shipped $AU 1527.6 M ...
Friday, 29 December 17
U.S WEEKLY COAL PRODUCTION SLIGHTLY UP FOR THE WEEK ENDING 23 DEC, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tons ...
Wednesday, 27 December 17
SULPHUR EMISSIONS: THE OUTSTANDING CHALLENGES - UK P&I CLUB
The International Maritime Organization (IMO) has been working to reduce the harmful impacts of shipping on the environment.
It adopted Annex ...
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Showing 1836 to 1840 news of total 6871 |
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- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
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