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