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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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Saturday, 15 June 19
SUPRAMAX: A 58,000-TONNER, OPEN QINGDAO, WAS BOOKED TO REDELIVER IN EAST COAST INDIA AT $6,500 - BALTIC BRIEFING
Capesize
The market closed on a quiet Friday last week after a few hectic days of mid-week trading. Trade routes from Brazil to the Far East we ...
Friday, 14 June 19
PANAMAX: OUTLOOK IS MIXED - FERNLEYS
Capesize
Sentiment changed to a more nervous tone as pacific cargo volumes failed to deliver as expected, however latest activity indicates res ...
Friday, 14 June 19
ELECTRONIC (PAPERLESS) TRADING - SKULD
KNOWLEDGE TO ELEVATE
Electronic Shipping Solutions: Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platfor ...
Wednesday, 12 June 19
KOSPO INVITES BIDS FOR 140,000 MT OF 4,600 NCV COAL FOR SEP. 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 140,000 MT of minimum 4,600 kcal/kg NCV coal ...
Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt th ...
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- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- PTC India Limited - India
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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