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Wednesday, 05 August 15
COAL CONSUMPTION POSTED THE STRONGEST GROWTH AMONG THE FOSSIL ENERGY SOURCES IN 2014 - VDKI
 Coal 2014: again the world's fastest-growing primary energy source and an indispensable asset for the success of the energy turnaround.
According to the German Coal Importer Association, In 2014, coal was again the fastest-growing fossil primary energy source in the world. According to the BP Statistical Review 2014, it satisfied around 30% of the world's demand for primary energy, which totaled 18.2bn TCE.
Global hard coal consumption rises by 2.1%
According to initial estimates by BP in its Statistical Review 2014, global energy consumption increased by 2.1% in 2013 to 18.2bn TCE, compared to 17.8bn TCE in 2012, the German Coal Importer Association said in its latest press release. The association further said that, the backdrop to this development is provided by stronger economic growth in India, Europe, the USA and a number of emerging countries, which were able to more than compensate for the rather lower growth rate in China. PEC in the EU-27/28 for 2013 (the most recent available data), on the other hand, showed a slight decline of 0.3%.
The Verein der Kohlenimporteure e.V.(VDKi) further noted that, in global terms, coal consumption again posted the strongest growth among the fossil energy sources. Its growth rate in comparison with 2013 was 2.1%, compared with increases of 1.2% for both oil and gas consumption. In the USA, the proportion of coal-fired power generation increased from 37% to 39%. In China, however, the proportion of coal-fired power generation decreased for the first time by 0.3%. With average rates of increase amounting to 2-3% per year over the past five years, coal remains the Number 1 source of primary energy in the 21st century and has been the second-most important source of primary energy in the world since 2012, surpassed only by oil.
Estimates by the European Commission indicate that total primary energy consumption in Europe in 2013 declined by 0.6%, or 25m TCE, to around 2.4bn TCE.
According to initial estimates by Eurostat, the primary energy source mix for power generation in the EU-28 has shifted slightly in favour of renewable energies. Of the 3,100 TWh generated in 2014, which was almost 3% below the previous year's level, 24% (around 1% more) was accounted for by renewable energies, 28% by nuclear energy and some 48% (around 2% less) by conventional power generation with coal, gas and oil. In Europe, hard coal production declined as well – by 7m tonnes to 108m tonnes, while hard coal imports were down by 9m tonnes (- 4.4%) to 205m tonnes.
About the German Coal Importer Association
The Verein der Kohlenimporteure e.V.(VDKi) is the lobby organisation for the hard coal import market in Germany. Its German and other European members come from the power generation, industry, trading and logistics sectors. The Association currently has 73 members, who in their plants and facilities consume around 60 - 70% of Germany's hard coal demand – which for its part amounts to some 65m tonnes. This means that the VDKi represents a very sizeable majority of the hard coal market (German and imported hard coal) in Germany.
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Friday, 14 August 15
CONDITIONS AND COMPLEXITIES IN A TRIPARTITE AGREEMENT: BE SPECIFIC! - INCE & CO
KNOWLEDGE TO ELEVATE
A tripartite agreement reached between the Owners, the Shippers and the Receivers provided that demurrage be paid to the ...
Thursday, 13 August 15
THE RATES FOR CAPES KEPT RALLYING LAST WEEK - INTERMODAL
COALspot.com: Strong Capesize performance kept supporting the Dry Bulk market last week, which noted another positive weekly closing, while rates f ...
Thursday, 13 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE FALLING
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Wednesday, 12 August 15
DRY BULK MARKET: WITHOUT A DOUBT REACHED HEALTHIER LEVEL
A few weeks before the end of the summer season, the BDI is hovering around 1,200 points, providing some much needed optimism to all Dry Bulk marke ...
Wednesday, 12 August 15
REGULATION CURBS POWER OF LOCAL AUTHORITIES IN MINING SECTOR IN INDONESIA - FLORENCE G. SANTOSO
The Indonesian Government appears to be getting serious about stripping Regents of the authority to issue mining licenses. The Government took the ...
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- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- The University of Queensland
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
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