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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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Friday, 16 September 22
WHEN IS A VESSEL'S INCOME EARNING CAPACITY AT RISK? 'CONTROLLED INCOME CAN BE A KEY OF SUCCESS' - MARASCO MARINE
Managing marine risks is not an easy task, which requires special knowledge and expertise on the subject per se. Customarily, big ship management c ...
Friday, 16 September 22
DRY BULK MARKET: EU’S BAN ON RUSSIAN COAL LIFTS DEMAND DESPITE ECONOMIC HEADWINDS - BIMCO
Highlights
– The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply as lower Chinese demand and adverse glob ...
Friday, 16 September 22
BIMCO EMBARKS ON NEW STANDARD FOR “QUIET ENJOYMENT”
KNOWLEDGE TO ELEVATE
A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing i ...
Friday, 16 September 22
INDIAN COAL PRODUCTION TO RISE 150 PER CENT IN 10 YEARS: CENTRE - EXPRESS NEWS SERVICE
The Union Ministry of Mines is expecting 150 per cent growth in coal production 10 years down the line as a result of coal reforms that had been us ...
Thursday, 15 September 22
MARKET INSIGHT - INTERMODAL
While the Organization of Petroleum Exporting Countries and its allies agreed on a 100,000 b/d output cut last week, oil flows are in the spotlight ...
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- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- White Energy Company Limited
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Planning Commission, India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- PTC India Limited - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Australian Coal Association
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Mjunction Services Limited - India
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