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Thursday, 18 July 19
WORLD TRADE IN HARD COAL ROSE BY 4.7% IN 2018 - GERMANY COAL IMPORTERS ASSOCIATION
 World Trade in Hard Coal Rose by 4.7% in 2018
Hard Coal Can Prevent Stress in the Electric Power System in Germany
• Sharp decline in German hard coal imports (-9%)
• Exit decision must not be allowed to endanger supply security
• Power supply will become insecure and expensive without hard coal
Existing hard coal-fired power plants secure the energy transition (backup).
According to the Germany Coal Importers Association, hard coal-fired power plants secure supply during load peaks, are not affected by the dark doldrums and prevent fluctuations in power tension that can cause major financial losses to private households and industry. The “Coal Commission” has proposed financial incentives for the construction of open-cycle gas turbines. These plants have a lower degree of efficiency, however, and a lot of money must be spent and a lot of resistance among the population must be overcome before they can be built while hard coal-fired power plants are available right now.
The exit from hard coal is already well under way even without the “Coal Commission”: in 2018, the volume of hard coal used for power generation declined by 16.3% (2017: -16.4%). A decline of 23% has accrued for 2019 so far. The hype regarding an exit decision for hard coal is not understandable.
The Association's recent press release noted that, shutting down the best energy source that already exists for securing German power supply will not have any impact whatsoever on global climate. Countries such as Denmark, France, Great Britain and Canada have joined an alliance for the purpose of exiting coal quickly. Swedish scientists have calculated that this corresponds to 1/150 or 0.67% of the estimated emissions from hard-coal-fired power plants worldwide by 2050. Germany is not a member of this alliance, but wants to make a decision for the exit from coal in this year. This would save 0.25% of the estimated emissions from hard-coal-fired power plants worldwide up to 2050. Not a reason to put our power supply at risk.
The worldwide trend to more hard coal is unabated. World hard coal production in 2018 came to 7.1 billion tonnes – exceeding the high point of 2015. World trade has grown even faster. Take India as an example: according to IMF, the country will post the highest rate of economic growth worldwide in 2019 (7.2%). The energy demand in this country has not declined at all – despite its own production of 720 million tonnes (2018), the growing demand for coal can be covered solely by imports of 221 million tonnes (2018). Hard coal is not a discontinued model, but is instead securing economic growth in Asia, the Germany Coal Importers Association concluded.
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Wednesday, 31 July 19
INDIA'S 2019 THERMAL COAL IMPORTS SEEN AT 180-185 MLN T - WOODMAC
India is expected to import 180-185 million tonnes of thermal coal in 2019, said Dale Hazelton, head of thermal coal at consultancy Wood Mackenzie. ...
Wednesday, 31 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
It was a fairly busy week in the dry S&P market. Despite the ease of Capesize rates which impacted Panamaxes as well, interest from potential b ...
Sunday, 28 July 19
ULTRAMAX - INDONESIAN COAL CARGOES SAW A 63,000DWT SHIP FIXING DELIVERY FOR A SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY CHINA, AT $11,700 - BALTIC BRIEFING
Capesize
The market was a white knuckled ride this past week as a large downside movement shed value quickly leaving many in bewilderment. The ...
Wednesday, 24 July 19
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.27 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.78 points Monday, down 0.27 percent week on week.
The index, released by Chi ...
Wednesday, 24 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
Tonnes of ink has been spent analysing the rebound of the dry bulk market the last weeks with the most representative example being the rising perf ...
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- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
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