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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, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...
Tuesday, 23 March 21
LOWER WHOLESALE PRICES PUT PRESSURE ON AUSTRALIAN ENERGY RETAILERS - FITCH RATINGS
Fitch Ratings expects the low wholesale energy prices in the Australian National Energy Market to persist through to 2022, which will affect electr ...
Tuesday, 23 March 21
SCRUBBER-FITTED SHIPS NEARLY DOUBLE AS FUEL SPREAD SETTLES AT $118 PER MT - PETER SAND
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be c ...
Tuesday, 23 March 21
CHINA'S COAL OUTPUT EDGES UP IN FIRST TWO MONTHS - XINHUA
China’s raw coal output rose 25 percent year on year to 620 million tonnes in the first two months of 2021, official data showed.
...
Wednesday, 17 March 21
MARKET INSIGHT - INTERMODAL
Shipping market players are familiar with the inverse correlation between the freight market and demolition activity i.e. when the market picks up ...
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- San Jose City I Power Corp, Philippines
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- Interocean Group of Companies - India
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- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
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- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
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- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
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- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
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- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
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- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
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- White Energy Company Limited
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
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- VISA Power Limited - India
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- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
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- Energy Development Corp, Philippines
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- Aboitiz Power Corporation - Philippines
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- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
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- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
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- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
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- Global Coal Blending Company Limited - Australia
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- Banpu Public Company Limited - Thailand
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- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
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- Africa Commodities Group - South Africa
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- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- The Treasury - Australian Government
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- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
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- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- GMR Energy Limited - India
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Planning Commission, India
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- Medco Energi Mining Internasional
- Indian Energy Exchange, India
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- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
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- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
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- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
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- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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