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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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Saturday, 15 February 20
CHEN ZHIDA: NOVEL CORONAVIRUS - IMPLICATIONS FOR CHARTERPARTIES - SHIPOWNERS' CLUB
KNOWLEDGE TO ELEVATE
Last month, the Club issued a bulletin on the 2019 Novel Coronavirus (COVID-19) which explained the origin of the virus a ...
Saturday, 15 February 20
AFRAMAX: A MORE POSITIVE ATTITUDE EXISTED IN THIS SECTOR WITH RATES IMPROVING ON ALL ROUTES - BALTIC BRIEFING
VLCC
The market in the Middle East was unmoved this week, with Chinese refiners continuing to slow imports, allied with the impact of the Coron ...
Saturday, 15 February 20
A 56,000DWT VESSEL WAS CONCLUDED BASIS DELIVERY SINGAPORE VIA INDONESIA REDELIVERY CHINA IN THE LOW $6,000S - BALTIC BRIEFING
Capesize
Riding the downward momentum of the previous week, the market was always going to be hard pressed to make any sort of revival. With mu ...
Saturday, 15 February 20
U.S. COAL PRODUCTION WILL TOTAL 595 MMST IN 2020, DOWN 14% FROM 2019 - EIA
EIA forecasts that U.S. coal production will total 595 million short tons (MMst) in 2020, down 95 MMst (14%) from 2019.
Lower ...
Friday, 14 February 20
WHY THE WORLD ECONOMY WILL BE FACING CHINA'S CORONAVIRUS FOR A LONG TIME - CNBC
Everywhere we look we see the headlines and commentators talking about the coronavirus and its impact on tourism, trade and investment between Chin ...
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- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Central Electricity Authority - India
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Minerals Council of Australia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
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