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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, 29 March 22
MEMR OF INDONESIA HAS FIXED COAL PRICE AT US$ 90 PER TONNE FOR DOMESTIC INDUSTRIES EXCEPT SMELTER INDUSTRIES; FOR PLN USD 70 IS APPLICABLE
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has set the selling price of coal for domestic, industrial except metal processing an ...
Monday, 21 March 22
A FORCE MAJEURE TO BE RECKONED WITH - BALTIC EXCHANGE
Sanctions cause payment confusion
This dispute in MUR Shipping BV v. RTI Ltd [2022] EWHC 467 (Comm) related to an owner’s purported exercis ...
Monday, 21 March 22
CHINA'S COAL OUTPUT UP 10.3 PCT IN FIRST TWO MONTHS - XINHUA
China’s raw coal output posted fast growth in the first two months of 2022, while coal imports continued to shrink, official data showed.
...
Tuesday, 15 March 22
INDUSTRY VETERANS & ORGANIZATIONS HONOURED WITH THE PRESTIGIOUS SHIPTEK INTERNATIONAL AWARDS 2022
Press Release: The 15th edition of the prestigious ShipTek International Conference & Awards 2022 concluded successfully from March 7th - 8th 2 ...
Tuesday, 15 March 22
CHINA'S COAL OUTPUT GROWS TO STABILIZE MARKET SUPPLY - XINHUA
China’s coal market has seen growth in output since late February amid the country’s efforts to stabilize production and ensure supply, ...
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- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Planning Commission, India
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- The University of Queensland
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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