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Monday, 21 January 19
HARD COAL WORLD TRADE IN 2018 RISES BY 3.7 PER CENT; GLOBAL HARD COAL PRODUCTION INCREASES BY 1.7 PER CENT - VDKI
 Global Hard Coal Production Increases By 1.7%.
According to provisional calculations by the German Coal Importer Association (VDKi), hard coal world trade in 2018 rose by 3.7% to 1,202 million tonnes while global hard coal production increased by 1.7% to 7.1 billion tonnes. India’s production alone rose by 54 million tonnes (8.2%) to 714 million tonnes. Seaborne exports in Australia, Indonesia, Russia and the USA (i.e. in all important export countries) increased.
The German Coal Importer Association further noted in its latest press release, the German hard coal imports moved contrary to the global trend and fell massively by 7 million tonnes (about 13%). While imports of coking coal fell by 5%, the imports of steam coal collapsed by 17%. The causes for the collapse are the growing electric power generation from renewable energy sources and the heightened competition with natural gas after the strong rise in the CO2 price.
The association says, the German steam coal imports collapse by 17% in 2018 – use of hard coal for electric power generation has been cut in half since 1990. The existing hard coal- and natural gas-fired power plants will be needed to balance fluctuations in the feed-in from renewable energy sources as long as there are no practical and competitive means of storage.
The large producing countries China and India are simultaneously large consumers of import coal and important pillars of hard coal world trade. The growth in hard coal world trade is also a result of the growing demand in South-east Asia.
These figures more than clearly demonstrate that the exit from hard coal-fired generation of electric power is already reality in Germany said VDKi. Nevertheless, the existing hard coal- and natural gas-fired power plants will be needed to balance fluctuations in the feed-in from renewable energy sources as long as there are no practical and competitive means of storage.
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- The University of Queensland
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Deloitte Consulting - India
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