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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, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
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- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- The University of Queensland
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
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