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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, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk ...
Tuesday, 23 August 22
SHIPPING: GLOBAL TAX REFORM - WATSON FARLEY & WILLIAMS
OECD rules designed to implement a global minimum corporate tax rate for very large multinational groups have now been published and are expected t ...
Tuesday, 23 August 22
PARTIES CONCLUDE JOINT R&D AGREEMENT FOR WORLD’S FIRST AMMONIA FLOATING STORAGE AND REGASIFICATION BARGE CONTRIBUTING TO PROMOTING THE EARLY INTRODUCTION OF AMMONIA FUEL - NYK
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercializ ...
Monday, 22 August 22
INDONESIAN GOVERNMENT IMPOSED ON NEW PROGRESSIVE ROYALTIES FOR COAL
Indonesian President Joko Widodo has signed a Government Regulation (Number 26 of 2022) on 15 August 2022 related to the progressive royalty rates ...
Monday, 22 August 22
CHINA'S JULY RUSSIAN COAL IMPORTS HIT 5-YR HIGH AS WEST SHUNS MOSCOW - REUTERS
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted c ...
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- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Thai Mozambique Logistica
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- GMR Energy Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
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