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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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Tuesday, 04 February 20
CAPE: THE AVERAGE EARNINGS PER DAY FELL BENEATH THE USD 4,000, A LEVEL CONSIDERABLY BELOW EVEN THE MOST CONSERVATIVE OPEX LEVELS - ALLIED
The recent slump in the dry bulk freight market may well have been expected to some degree, but despite this the shock was still overwhelming when ...
Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...
Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...
Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize
The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...
Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...
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- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
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- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
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- Timah Investasi Mineral - Indoneisa
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- Romanian Commodities Exchange
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- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
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- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
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- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
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- Wood Mackenzie - Singapore
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- SMC Global Power, Philippines
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- Australian Commodity Traders Exchange
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- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
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- Posco Energy - South Korea
- Coal and Oil Company - UAE
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- Planning Commission, India
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- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
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- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
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- Sojitz Corporation - Japan
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- Minerals Council of Australia
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- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
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- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
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- Agrawal Coal Company - India
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- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
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- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Chamber of Mines of South Africa
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- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
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- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
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- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
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- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
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- Economic Council, Georgia
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- International Coal Ventures Pvt Ltd - India
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- Ambuja Cements Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
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- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
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- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
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