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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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Tuesday, 14 January 20
SHIPPING MARKET ANALYSIS - ALLIED SHIPBROKING
Uncertainty in the global geopolitical sphere seems to have not come to an end along with 2019, as 2020 commenced with renewed tensions between the ...
Tuesday, 14 January 20
DRY BULK MARKET: "THIS IS NOT THE END OF COAL" SAYS IEA - BALTIC EXCHANGE
A historic drop in coal-fired electricity generation will not sway global coal demand from its upward trajectory through to 2024, though growth wil ...
Saturday, 11 January 20
ARE YOU 95% CONFIDENT THAT YOUR VERY LOW SULPHUR FUEL IS ON SPEC AND MARPOL COMPLIANT? - GARD
KNOWLEDGE TO ELEVATE
Bunker fuel is a commodity and, like all commodities, is produced and sold according to specifications. Bunkers are usual ...
Saturday, 11 January 20
NEW PRICING COULD SPELL TROUBLE FOR CHINA'S COAL SECTOR - CHINA DIALOGUE
Benchmark coal tariffs have been the foundation of China’s electricity pricing since 2004 but this mechanism was replaced on January 1 with a ...
Saturday, 11 January 20
BALTIC BRIEFING TANKER REPORT - WEEK 2
VLCC
Escalating tensions between the USA and Iran, in addition to a continuing strong market, made for an interesting week, with rates firming ...
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- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
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