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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, 11 March 20
SHIPPING MARKET INSIGHT - INTERMODAL
On the 4th of September the Baltic Dry Index marked its highest level for 2019, reaching 2,518 points, while the rest of the dry indices also recor ...
Tuesday, 10 March 20
SHIPPING MARKET ANALYSIS
It might be already overstated, but it seems to be important to point out once again how peculiar the current circumstances are.
Before the st ...
Tuesday, 10 March 20
EIA FORECASTS U.S ELECTRIC POWER SECTOR DEMAND FOR COAL WILL FALL BY 81 MMST (15%) IN 2020
EIA forecasts that U.S. coal production will total 595 million short tons (MMst) in 2020, down 95 MMst (14%) from 2019. According to EIA's Shor ...
Tuesday, 10 March 20
CORONAVIRUS: DEMAND DOWNGRADES FOR BULK COMMODITIES - WOOD MACKENZIE
The coronavirus outbreak is a rapidly evolving news story – and a real wildcard for bulks demand. Our global experts are monitoring the impac ...
Tuesday, 10 March 20
CHINA'S COAL-RICH PROVINCE ENSURES ENERGY SUPPLY AMID EPIDEMIC - XINHUA
China’s coal-rich province of Shanxi has seen more than 500 coal mines resume production in February, which ensured energy supply amid the ou ...
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- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Planning Commission, India
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
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