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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
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Tuesday, 04 November 14
FOB NEWCASTLE COAL SWAPS GAINED WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2014 delivery decreased US$ 1.09 (-1.99%) month over month and increased US$ 0.31 (+0.58% ...
Monday, 03 November 14
ADARO PRODUCED 41.90MT OF COAL FOR FIRST 9 MONTHS OF 2014
COALspot.com: Adaro’s coal production in the third quarter reached 14.03 Mt, a 2% increase compared to the same period of last year. Accordin ...
Monday, 03 November 14
CFR SOUTH CHINA COAL SWAP FOR Q4' 2014 DELIVERY LOST 2.80% MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery has decreased US$ 1.86 (-2.80%) month over month and increased US$ 0.37 ( ...
Monday, 03 November 14
INDONESIAN'S COAL EXPORTS JUMP IN SEPTEMBER
COALspot.com: Indonesia, one of the world's largest coal producers and the global leading multi grade coal exporter shipped around $1.50 ...
Sunday, 02 November 14
CAPE INDEX WAS UP 46.65% WEEK ON WEEK
COALspot.com: The BDI and Cape index continued the strong upward trend this week. The BDI was up 19.80 pct and Cape index was up by 46.65 per ...
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- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
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- Star Paper Mills Limited - India
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- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
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- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
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- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
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- McConnell Dowell - Australia
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- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
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- Merrill Lynch Commodities Europe
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- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
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- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
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- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
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- Madhucon Powers Ltd - India
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- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
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- White Energy Company Limited
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
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- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
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- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
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- PTC India Limited - India
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- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
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- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
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- Electricity Generating Authority of Thailand
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- Ministry of Finance - Indonesia
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