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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, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...
Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...
Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...
Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...
Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...
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- Riau Bara Harum - Indonesia
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- SMC Global Power, Philippines
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- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
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- Singapore Mercantile Exchange
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- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
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- Minerals Council of Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
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- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
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- Directorate General of MIneral and Coal - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
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- Ceylon Electricity Board - Sri Lanka
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- Trasteel International SA, Italy
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- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
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- Independent Power Producers Association of India
- PTC India Limited - India
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
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- Indian Energy Exchange, India
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- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
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- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Economic Council, Georgia
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- Sakthi Sugars Limited - India
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- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
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- Semirara Mining Corp, Philippines
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- International Coal Ventures Pvt Ltd - India
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- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
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- LBH Netherlands Bv - Netherlands
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- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
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- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
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