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Friday, 27 March 20
S.KOREA Q1 THERMAL COAL IMPORTS SET FOR 10-YR LOW ON ANTI-POLLUTION MEASURES - REUTERS
 South Korea’s first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronavirus outbreak has reduced the country’s demand for electricity.
South Korea, the world’s No.4 coal importer, is expected to import around 19.85 million tonnes of thermal coal for the first three months, down 19.2% year-on-year, according to Reuters calculations based on customs data and ship tracking data from Refinitiv Eikon.
That would be the country’s lowest first-quarter imports since 2010 when it imported 19.55 million tonnes. Demand is normally high during the quarter, which covers the winter months, running at 24-26 million tonnes over the past three years.
The drop in imports comes after South Korea imposed tougher restrictions on coal-fired power from December through March, halting nearly half of the country’s 60 coal power plants by March as part of efforts to improve air quality.
Meanwhile, analysts said the coronavirus outbreak had reduced demand for electricity as business and factory activity slows. South Korea has faced the region’s biggest COVID-19 epidemic outside of China, with over 9,000 cases.
“We expect South Korea’s overall power consumption to fall in light of growth pressures stemming from the COVID-19 outbreak,” said Daine Loh, an analyst at Fitch Solutions.
South Korea’s daily peak power demand has averaged 70,633 megawatts (MW) so far in the first quarter of 2020, down 3.5% from 73,224 MW a year earlier, according to data from Korea Electric Power Corp (KEPCO).
Coal power typically produces about 40% of South Korea’s total electricity, followed by nuclear and gas power.
With reduced power consumption and demand in the midst of the coronavirus outbreak, coal power’s share of total power generation is expected at nearly 39% in 2020, down from 40% in 2019, Loh said.
Coal could also face increased competition from gas-fired power on the back of lower oil prices, said Shirley Zhang, an analyst from Wood Mackenzie.
In the first three months of the year, South Korea’s liquefied natural gas (LNG) imports are expected to grow 25.2% year-on-year to 12.9 million tonnes, Refinitiv data showed.
“Lower oil prices will keep the LNG price lower, which will support anti-coal policy moves and increase the economic incentives for it to potentially outcompete some coal generation if sustained low and long enough,” Zhang said.
Source: Reuters (Reporting By Jane Chung; editing by Richard Pullin)
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Friday, 10 April 20
INDIA'S BULKS SUPPLY CHAIN TAKES A HIT DURING LOCKDOWN - WOOD MACKENZIE
India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Businesses are shut, and the supply chain is ...
Thursday, 09 April 20
SUSPENSION OF WRONGFUL TRADING IN LIGHT OF COVID 19 - WF&W
KNOWLEDGE TO ELEVATE
DIRECTORS’ PERSONAL LIABILITY FOR WRONGFUL TRADING – RELIEF DURING THE CORONAVIRUS CRISIS
As the UK&rsquo ...
Wednesday, 08 April 20
LESSONS LEARNED FROM SCRUBBER INSTALLATION AND OPERATION - ABS
KNOWLEDGE TO ELEVATE
At the beginning of this year, the IMO’s global sulfur cap on marine fuels entered into force and shipowners who ch ...
Wednesday, 08 April 20
MARKET INSIGHT - INTERMODAL
With lockdown measures around the globe tightening during the last weeks of Q1, there is finally a feeling that most countries are slowly but stead ...
Tuesday, 07 April 20
SHIPPING MARKET ANALYSIS - ALLIED
With the first quarter of 2020 now firmly written in the books, it is worth examining what we have witnessed so far in the tanker market. Undoubted ...
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Showing 1021 to 1025 news of total 6871 |
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- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Australian Coal Association
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- White Energy Company Limited
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Minerals Council of Australia
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
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