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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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Monday, 24 February 20
CHINA SAYS MAJOR COAL FIRMS RESTORE 95% OF PRODUCTION CAPACITY - REUTERS
China’s coal companies controlled by the central government have resumed operations and are back at more than 95% of their capacity, an offic ...
Sunday, 23 February 20
SHIPPING INDUSTRY FACES $370 MILLION HIT FROM NEW PANAMA CANAL CHARGE - REUTERS
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up ...
Sunday, 23 February 20
A 57,000DWT SHIP FIXING DELIVERY SOUTH KALIMANTAN TRIP, REDELIVERY CJK, AT $7,600 - BALTIC BRIEFING
Capesize
The Capesize market found little to cheer about this week as it again endured remarkable lows. The Atlantic continued to improve, with ...
Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank
One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...
Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...
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- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
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