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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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Thursday, 26 May 22
MARKET INSIGHT - INTERMODAL
The newbuilding market activity has been significantly positive from a dry bulk owner perspective during the first half of 2022. Indeed, the contra ...
Wednesday, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.
The Indonesian Coal Price Referen ...
Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...
Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainla ...
Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and ...
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- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Central Electricity Authority - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Marubeni Corporation - India
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Economic Council, Georgia
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
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