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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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Thursday, 24 October 19
AUSTRALIA'S HOPES TO EXPAND COAL EXPORTS IN SOUTH-EAST ASIA 'DELUSIONAL', EXPERTS SAY - THE GUARDIAN
The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has ...
Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize
The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards Sout ...
Wednesday, 23 October 19
CHINA'S 2019 COAL IMPORTS SET TO RISE MORE THAN 10%: ANALYSTS - REUTERS
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, ...
Wednesday, 23 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming with the shipya ...
Tuesday, 22 October 19
DRY BULK: DESPITE THE DOWNWARD CORRECTION NOTED OVER THE PAST MONTH, RATES ARE STILL HOLDING OFF AT FAVORABLE LEVELS - ALLIED SHIPPING
Despite the downward correction that has been noted in the dry bulk market over the past month, rates are still holding off at favorable levels. Ev ...
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- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Planning Commission, India
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
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