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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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Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...
Monday, 16 September 19
COLOMBIAN COAL PRODUCTION TO FALL 5% THIS YEAR, MINING GROUP SAYS - REUTERS
Colombia’s coal production will decline to around 80 million tonnes in 2019, nearly 5% below last year’s, because of low prices and dro ...
Monday, 16 September 19
THE COAL-D SHOULDER? - BALTIC EXCHANGE
Good fortune and the number 13 don’t usually go hand in hand, but when it comes to coal, 2013 actually seems to have been the commodity&rsquo ...
Monday, 16 September 19
SCRUBBERS AND FUEL PROFIT SHARE CLAUSES - CLYDE&CO
From 1 January 2020, Regulation 14 of MARPOL Annex VI provides that the sulphur content in fuel oil used on board ships shall be reduced from a max ...
Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for total 1,290,000 Metric Tons steam coal.
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- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- The University of Queensland
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- PTC India Limited - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
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