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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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Wednesday, 16 June 21
MARKET INSIGHT - INTERMODAL
“While approaching the second half of the year and summer season is just around the corner, COVID vaccination programs are steadily moving fo ...
Monday, 14 June 21
'WISHFUL THINKING': WHY CHINA NEEDS AUSTRALIAN IRON ORE FOR 'MANY YEARS' TO COME - YAHOO FINANCE AU
A “wintry period”.
That’s what’s expected to happen to Australia’s economy “when” China st ...
Sunday, 13 June 21
COAL AND LNG’S SURGE IN ASIA PLAYS INTO RENEWABLE ENERGY HANDS - REUTERS
Liquefied natural gas (LNG) and thermal coal prices in Asia have been roaring ahead in recent months amid strong demand, but while welcome news for ...
Friday, 11 June 21
5 REASONS GLOBAL SHIPPING COSTS WILL CONTINUE TO RISE - ING
No short-term relief
Shipping costs have been growing strongly since the autumn of 2020, but the first months of this year have seen a new surg ...
Friday, 11 June 21
ASIA COAL PRICES SURGE, BUT CHINA-AUSTRALIA DISPUTE MEANS RALLY IS UNEVEN - REUTERS
Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have don ...
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- Romanian Commodities Exchange
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- Aboitiz Power Corporation - Philippines
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- The University of Queensland
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- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- London Commodity Brokers - England
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- South Luzon Thermal Energy Corporation
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- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
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- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
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- Kepco SPC Power Corporation, Philippines
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- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
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- Mercator Lines Limited - India
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- Indian Oil Corporation Limited
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- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Larsen & Toubro Limited - India
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- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
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- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
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- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
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- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
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