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Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
 Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining by 2025 at the latest.
The German lender also said that, effective immediately, it would not finance new projects in the Arctic or oil sand projects.
The new policies follow announcements earlier this year of new sustainability targets and the issuance of the bank’s first green bond.
Urgewald, a non-profit environmental and human rights organisation, said that the announcement was a welcome step forward but “still too little, too late”.
“Compared to international competitors the bank is still lagging behind on climate,” it said, pointing to BNP Paribas and Royal Bank of Scotland as front runners.
Deutsche Bank said that it would review all of its U.S. and European coal power activities by the end of this year with respect to clients’ diversification plans. It will begin a similar review in Asia in 2022.
Deutsche chief executive Christian Sewing said the new policy “sets us ambitious targets and enables us to help our long-standing clients with their own transformation.”
Source: Reuters (Reporting by Tom Sims Editing by Michelle Martin)
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Friday, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a ...
Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
&nb ...
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- Trasteel International SA, Italy
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Planning Commission, India
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
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