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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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Friday, 11 October 19
KOREA SOUTH-EAST POWER TO IMPORT LCV COAL IN NOVEMBER
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for 75,000 Metric Tons low calorific v ...
Thursday, 10 October 19
THERMAL COAL IMPORT LIKELY TO CROSS 200 MT IN 2019-20 - TIME OF INDIA
The country's overall thermal coal import is likely to cross the 200-million tonnes (MT) mark in the current financial year, according to Icra. ...
Wednesday, 09 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we have already stated in previous insights, we had expected that the recovery on rates and activity across all segments in the offshore market ...
Thursday, 03 October 19
OIL PRICE ASSUMPTIONS UNCHANGED, NBP GAS PRICE LOWERED - FITCH RATINGS PRIMARY - FITCH RATINGS
Our oil price assumptions are unchanged, despite the recent price volatility following the attacks on Saudi Arabia's oil infrastructure, Fitch ...
Thursday, 03 October 19
SHIPPING MARKET INSIGHT
Edible oil products across the board are showing healthy amount of export activity, however, rates in most cases are struggling to move accordingly ...
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- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Australian Coal Association
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- MS Steel International - UAE
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- White Energy Company Limited
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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