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Thursday, 18 July 19
WORLD TRADE IN HARD COAL ROSE BY 4.7% IN 2018 - GERMANY COAL IMPORTERS ASSOCIATION
 World Trade in Hard Coal Rose by 4.7% in 2018
Hard Coal Can Prevent Stress in the Electric Power System in Germany
• Sharp decline in German hard coal imports (-9%)
• Exit decision must not be allowed to endanger supply security
• Power supply will become insecure and expensive without hard coal
Existing hard coal-fired power plants secure the energy transition (backup).
According to the Germany Coal Importers Association, hard coal-fired power plants secure supply during load peaks, are not affected by the dark doldrums and prevent fluctuations in power tension that can cause major financial losses to private households and industry. The “Coal Commission” has proposed financial incentives for the construction of open-cycle gas turbines. These plants have a lower degree of efficiency, however, and a lot of money must be spent and a lot of resistance among the population must be overcome before they can be built while hard coal-fired power plants are available right now.
The exit from hard coal is already well under way even without the “Coal Commission”: in 2018, the volume of hard coal used for power generation declined by 16.3% (2017: -16.4%). A decline of 23% has accrued for 2019 so far. The hype regarding an exit decision for hard coal is not understandable.
The Association's recent press release noted that, shutting down the best energy source that already exists for securing German power supply will not have any impact whatsoever on global climate. Countries such as Denmark, France, Great Britain and Canada have joined an alliance for the purpose of exiting coal quickly. Swedish scientists have calculated that this corresponds to 1/150 or 0.67% of the estimated emissions from hard-coal-fired power plants worldwide by 2050. Germany is not a member of this alliance, but wants to make a decision for the exit from coal in this year. This would save 0.25% of the estimated emissions from hard-coal-fired power plants worldwide up to 2050. Not a reason to put our power supply at risk.
The worldwide trend to more hard coal is unabated. World hard coal production in 2018 came to 7.1 billion tonnes – exceeding the high point of 2015. World trade has grown even faster. Take India as an example: according to IMF, the country will post the highest rate of economic growth worldwide in 2019 (7.2%). The energy demand in this country has not declined at all – despite its own production of 720 million tonnes (2018), the growing demand for coal can be covered solely by imports of 221 million tonnes (2018). Hard coal is not a discontinued model, but is instead securing economic growth in Asia, the Germany Coal Importers Association concluded.
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Monday, 18 November 19
SUPRAMAX: IN THE INDONESIAN COAL BUSINESS, A 58KDWT VESSEL FIXED DELIVERY PHILIPPINES, REDELIVERY INDIA AT CLOSE TO $8,000 - BALTIC BRIEFING
Capesize
For most of the week the rates were nudging up under a flurry of activity in the Pacific as levels for the West Australia to China C5 ...
Saturday, 16 November 19
LIFE AFTER FOSSIL FUELS: THE DAYS OF OIL AND COAL TRANSPORTATION ARE NUMBERED - BALTIC EXCHANGE
With the world fiercely focused on a decarbonised future, fossil fuel movers and traders might rightly be reconsidering their future. But cast a wi ...
Saturday, 16 November 19
OIL MARKET REPORT: PAUSING TO REFLECT - IEA
Global oil demand in 3Q19 increased by 1.1 mb/d year-on-year (y-o-y), more than double the 435 kb/d seen in 2Q19. China’s demand increased by ...
Friday, 15 November 19
RISING ENERGY DEMAND IN SOUTHEAST ASIA TO BE MET AND SUPPORTED BY COAL - WORLD COAL
Last week the International Energy Agency (IEA) released its semi-annual Southeast Asia Energy Outlook report which outlines the latest insights in ...
Thursday, 14 November 19
EIA EXPECTS U.S. STEAM COAL EXPORTS TO FACE INCREASING COMPETITION FROM EASTERN EUROPEAN SOURCES
EIA expects total U.S. coal production in 2019 to total 698 million short tons (MMst), an 8% decrease from the 2018 level of 756 MMst. The decline ...
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- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- The University of Queensland
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
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