We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 04 February 19
COAL STILL IN HIGH DEMAND GLOBALLY
Although the world is switching to renewable energy there is still a big demand for coal around the globe.
This is according to Canyon Coal’s executive chairperson, Vuslat Bayoglu speaking at the 14th Annual Southern African Coal Conference at the Westin Hotel yesterday.
Bayoglu was part of panel participating in a session for Southern African Coal Leaders Summit.
Presenting a slide showing the total coal consumption for 2017 among the biggest users he said China consumed 3 500 million tons followed by India using 1 000 million tons and the US and Europe using slightly less.
“There is a big demand for coal, we can’t really deny it. We all like renewables, we would like to have more renewables but the reality is that the world is using to coal to power the country,” said Bayoglu.
He added that there were 1 600 new coal plants in 62 countries around the world.
“If you look at this map, US, Europe, China, especially south east Asia and Africa, all over the world there are new coal plants being built. If you look at the coal mining industries in the world. Like RioTinto sold their coal mines and Anglo America sold their Eskom coal supplying mines, South32 is in the process of selling theirs.
"Who is going to supply their coal to the world? So it is a big question right, there are people here from different parts of the world who wants to buy coal. Do you think they want to buy coal from one company? Is it healthy? There is only one company here who is growing and we all know who that is (Exxaro, South Africa’s biggest coal producer),” he said.
Bayoglu said it is important to have a healthy supply and coal mining is not a bad industry and the world needs it.
“It is not all bad on the coal side, technology with carbon captive storage there are facilities all over the world accept Southern Africa and with more investment in carbon captive storage, the world can deal with co2 emissions,” he said.
Minister Gwede Mantashe, the Minister of Mineral Resources said during his keynote address earlier that mining is an important sector of the South African economy, contributing 7 percent to GDP and contributes 40 percent to the foreign earnings of the country.
“It means that it is actually one of the sectors that sustains our current account, otherwise if it was not for mining we would have a huge current account deficit in the economy and therefore it is my considered view that we can grow the economy but if we want to organise that there is a few things we could do,” said Mantashe.
He said the first thing is that the mining sector must take pride in itself as a contributor to the economy and secondly, the sector must turn the negative narrative against it.
SOURCE: JOSEPH BOOYSEN, BUSINESS REPORT
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize
With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. ...
Tuesday, 06 August 19
SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah. The tankers hit were waiving international flags such as that of No ...
Monday, 05 August 19
SUPRAMAX: COAL FROM INDONESIA TO CHINA PAID AT MID $8,000S ON A 57,000-TONNER DELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize
Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. C ...
Thursday, 01 August 19
PANAMAX: THE SENTIMENT IN THE MARKET IS STILL POSITIVE FOR THE LONGER TERM - FEARNLEYS
Capesize
Two weeks ago the 5TC index was at 33,000 USD pd. Since then it has fallen off a bit and has stayed around 27,000 USD pd the last week ...
Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
One of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ ...
|
|
|
Showing 1351 to 1355 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Planning Commission, India
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Posco Energy - South Korea
- MS Steel International - UAE
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
|
| |
| |
|
