We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 23 November 14
ITALY'S STEAM COAL IMPORTS TO DROP BY 11% IN 2014 - ASSOCARBONI
 COALspot.com: Italy’s steam coal imports expected to drop to 16 million tons in 2014 (-11% compared to 2013); coking coal imports to plunge to 4 million tons (-15% YoY).
Global seaborne coal trade to grow by 3% to 1,158 million tons this year.
“The opposite trend on coal we are seeing in Italy, compared to the rest of the world, demonstrates the weakness of the country’s energy policy” said Andrea Clavarino, Chairman of Assocarboni.
This year Italy will import 16 million tons of steam coal, down 11% from 2013, and 4 million tons of coking coal, a fall of 15% compared to last year.
The main reason for the drop in steam coal imports is the closure of the Vado Ligure coal plant. On the other hand, the fall in coking coal imports is largely due to the enduring troubles of the ILVA steel plants in Taranto, adding to the persistent economic problems of the country.
On the contrary, global seaborne coal trade is expected to grow by 3%, reaching the level of 1,158 Mt (compared to 1,124 Mt in 2013), and global coal production is forecast at 7.2 billion tons (+2% over 2013).
Global coal demand is led by India and China, however, coal will remain the leading source of power generation in Europe too.
These are some of the figures disclosed by Andrea Clavarino, Chairman of the Italian Coal Association – Assocarboni – during the 2014 Coal Industry Advisory Board plenary meeting in Paris (CIAB).
Talking about the Italian scenario, Andrea Clavarino – who is delegate of the Italian Government to the CIAB board, a coal consultative body of the IEA – emphasised once more the risks associated with the country’s energy strategy, which has been for decades far too dependent on natural gas.
“Italy’s energy policies have made life difficult for coal operators in recent times, and we are now facing an extremely dangerous situation. A number of investments in coal power plants, which would allow the country to secure its energy independence, reduce its energy bill and equip its plants with the best available technologies, are being stalled by the authorisation process”, he stated.
“Italy’s energy system is vulnerable due to its dependence for about 50% on natural gas, 40% of which is imported from Russia. This exposes the country to the geopolitical risk of supply disruptions. It is estimated that a shortage of natural gas supply from Russia this winter would be manageable only if it lasted less than 20 days, and with no adverse weather conditions”.
“Less natural gas, which is expensive and carries obvious implications in terms of security of supply, and more coal and renewables: this is the simple proposal that Assocarboni put forward in Italy, based also on the experience of other countries, such as the UK, Germany, Spain and Turkey, which in 2013 increased the proportion of coal in their energy mix”.
“The country cannot afford any mistakes with its future energy choices. Recently, many major operators have been deterred from developing coal projects in Italy, due to a legal framework that does not guarantee investment security and timing”.
“At the beginning of October, in Canada, a coal plant of 110 MW with carbon capture and storage technology was opened, allowing the production of electricity with CO2 emissions reduced by 90%. The project engaged 1,700 people, who put in 4.5 million hours of work, for a total investment of USD 1.2 billion”.
“In a context of economic difficulties, we should not forget that the coal industry is a labour intensive industry. The construction of new plants, as well as the upgrading of existing ones, would entail the creation of thousands of new jobs”, Andrea Clavarino concluded.
Source: Assocarboni / Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 13 January 15
MORE PITFALLS FOR OWNERS LOOKING TO TERMINATE FOR UNPAID HIRE - INCE & CO
KNOWLEDGE TO ELEVATE
It is a debatable point whether or not the obligation to pay hire under a time charter is a condition of the contract or ...
Tuesday, 13 January 15
Q2 CFR SOUTH CHINA COAL SWAP DECLINED 8.66% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery declined by US$ 3.48 (-5.73%) month over month and US$ 2.35 (-3.94%) week ...
Tuesday, 13 January 15
Q1' 2015 RICHARDS BAY COAL SWAP SLIGHTLY HIGHER THAN Q2 & Q4 2015 SWAPS
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 7.21 ...
Monday, 12 January 15
COAL: LOW PRICES ARE EXPECTED TO DRIVE A SUPPLY-DRIVEN RECOVERY IN THE MEDIUM TERM - SGX
COALspot.com: Thermal coal prices dropped to six-year lows in 2014 driven by persistent oversupply, SGX says in its “ Commodities 2014 - A ye ...
Monday, 12 January 15
FREIGHT MARKET: 2015 FLEET SUPPLY GROWTH IS EXPECTED TO REMAIN SLIGHTLY AHEAD OF CARGO GROWTH - SGX
COALspot.com: The dry bulk freight market was forced to digest a number of negatives in 2014 leading the Baltic Dry Index to fall 66% through the y ...
|
|
|
Showing 3261 to 3265 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- The University of Queensland
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Planning Commission, India
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
|
| |
| |
|
