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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, 10 July 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR HCV AND LCV COAL FOR AUGUST 2019 LOADING
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for total 460,000 to 500,000 Metric To ...
Wednesday, 10 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
In contrast with the general expectations for the dry bulk market, the sector was not positive or even stable during the past 6 months. The warning ...
Monday, 08 July 19
INDONESIAN COAL PRICE REFERENCE POSTS BIGGEST MONTHLY LOSS SINCE JANUARY 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 08 July 19
ULTRAMAX: A 52,000-TONNER OPEN CJK FIXED FOR A TRIP VIA INDONESIA WITH RE-DELIVERY CHINA AT $6,100 - BALTIC BRIEFING
Capesize
The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw ...
Wednesday, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...
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- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- The University of Queensland
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- White Energy Company Limited
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
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