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Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war in Ukraine is only temporary and his government remains committed to doing “everything” to combat the climate crisis.
In a video message Saturday, Scholz expressed regret over Germany’s decision to fire up 16 dormant fossil fuel power plants and extend the operating permission for 11 more amid fears of further cuts in natural gas supplies from Russia.
“The fact that because of Russia’s brutal attack on Ukraine we now have to temporarily use some power plants that we had already taken out of operation is bitter,” he said. “But it is only for a very short time.”
Scholz insisted that Germany remains committed to ending its greenhouse gas emissions by 2045 — the earliest of any major industrialized nation — and noted a recent package of measures approved by parliament to boost the rollout of renewable energy.
“We want to do everything we can to combat the climate crisis,” he said.
But environmentalists say the government could be doing much more, including imposing a general speed limit and restricting domestic flights to save fuel. Climate campaigners have also blocked major roads in and around Berlin recently in protest against plans for new oil and gas projects in the North Sea.
Scholz and the country’s energy minister, Robert Habeck, have ruled out extending the operating life of Germany’s three remaining nuclear plants beyond this year, arguing that this would not solve Germany’s energy needs.
Source: CNBC
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Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner& ...
Thursday, 26 November 20
DECLINE IN COAL EXPORTS ADDS TO NAVAJO-OWNED COMPANY'S PROBLEMS - IEEFA U.S.
Weak demand and low prices are likely creating steep losses for NTEC
U.S. coal exports to Asia—once heralded as the saving gra ...
Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping ...
Wednesday, 25 November 20
LIBOR REPLACEMENT AND SHIP FINANCE - WHERE IS IT HEADING? - WFW
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. Th ...
Wednesday, 25 November 20
DRY BULK SHIPPING: CHINA REMAINS THE DRIVING FACTOR, BUT COAL POLICY IS DISRUPTING THE MARKET - PETER SAND, BIMCO
The second half of the year has provided some cheer for the dry bulk market, with all ships in the spot market averaging earnings above the break-e ...
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- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- The University of Queensland
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- White Energy Company Limited
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
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