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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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- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Planning Commission, India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
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