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Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
 Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. For the most-exposed sovereigns and those that do not adequately prepare for it, climate change stranded-asset risk is likely to lead to rating downgrades as the effects become clearer, closer and more material, Fitch Ratings says in "Climate Change 'Stranded Assets' Are a Long-Term Risk for Some Sovereigns" report.
The report further noted, the extent and speed of the decline in demand for fossil fuels is uncertain. Excess potential global supply will weigh on prices, potentially compounding the loss from lower volumes. Coal will face a faster and fuller loss of market than oil and particularly gas. High-cost producers will be squeezed out first. Sovereigns with strong balance sheets and potential to diversify their economies are better-placed. Political instability and rising financing costs could amplify challenges.
Under a plausible scenario, the transition would be a similar shock to oil revenue as occurred in 2013-2016 and again in 2018-2020. During this period two oil exporters defaulted and a further three were downgraded by at least four notches. Being much slower, it would give sovereigns more capacity to adjust, but it would be permanent. A simulation on Fitch's Sovereign Rating Model suggests it could lead to a fall in the SRM output by around one rating notch by 2040 and two to three notches by 2050 for a major oil exporter, Fitch Ratings says in its new report.
Ratings typically place more weight on current developments and we will be more circumspect in taking forward-looking rating actions the more distant and uncertain are future events, said Fitch Ratings.
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Wednesday, 07 April 21
KOMIPO ISSUED A TENDER FOR TOTAL 1,560,000 METRIC TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for total 1,560,000 Metric Tons of Bituminous coal for i ...
Wednesday, 07 April 21
MARKET INSIGHT - INTERMODAL
Following the end of the catholic easter, during which the majority of shipping market participants were on holidays, it is interesting to note a f ...
Wednesday, 07 April 21
COAL USED TO GENERATE ELECTRIC POWER IN U.S. WILL INCREASE BY 13 PERCENT TO 495 MMST IN 2021 - EIA
EIA expects U.S. coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. In 2022, EIA expects coal production to grow by an addi ...
Wednesday, 31 March 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.12 PCT - XINHUA
China Taiyuan coal transaction price index stood at 139.03 points Monday, up 0.12 percent week on week.
The index, released by China ...
Wednesday, 31 March 21
MARKET INSIGHT - INTERMODAL
Over the past week, the biggest story has been the blockage of the Suez Canal, as a result of the grounding of the container ship Ever Given. At th ...
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- The University of Queensland
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
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