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Thursday, 18 February 16
INDIA NEEDS INTERNATIONAL SUPPORT ON HIGH EFFICIENCY COAL - WORLD COAL ASSOCIATION
 Speaking at a conference in New Delhi today, World Coal Association Chief Executive Benjamin Sporton said the critical role of coal in driving economic development in India meant the international community should support advanced coal technologies in the country.
“India has made it very clear that coal will be critical to delivering its economic development and energy access objectives. India is working hard to reduce emissions from coal, but it would benefit from greater international support to build modern coal technology,” Benjamin Sporton said.
Speaking at the 6th World PetroCoal Congress, a gathering of leaders from across the fossil fuel industry in India, Mr Sporton highlighted that power generation capacity from coal will more than double between now and 2040.
“Coal will help fuel the economic development of India’s economy as it urbanises and industrialises over the decades to come. With 300 million people currently living without access to electricity and many more – including businesses that can help drive growth – suffering from intermittent supply, coal will do much of the heaving lifting in powering up India’s economy,” Mr Sporton said.
Reflecting on the WCA’s recent report, India’s Energy Trilemma, Mr Sporton noted that modern high efficiency low emission coal technologies will be essential to providing affordable electricity while reducing emissions to meet climate objectives.
“Our research shows that while renewable technologies such as solar PV in India could result in high emission abatement, they do not provide the scale of generation growth required to meet electrification targets. Modern high efficiency coal plants can actually abate carbon emissions at a much lower cost compared to solar PV and provide almost four times as much increase in power generation,” Mr Sporton said.
“All forms of electricity will have a role to play in India, indeed non-hydro renewables are forecast to grow almost exponentially – but our analysis shows the huge co-benefits of building modern coal plants. It’s for that reason that the World Coal Association believes there must be more international support for high efficiency low emission coal technology,” Mr Sporton said.
Noting recent developments in international coal financing policy, particularly with more restrictive positions from the World Bank and OECD, Mr Sporton said: “The international community needs to be taking an approach that helps deploy the most efficient coal in place of the least efficient coal technology, rather than just ignoring the reality that coal will play a very significant role in industrialising and urbanising economies like India.”
Source: World Coal
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Wednesday, 17 February 16
THE OWNERS FACING HISTORICAL LOW DRY BULK RATES; COAL IMPORTS TO CHINA IS STILL POINTING TO A STRONG TREND OF DECLINING CONSUMPTION
The sharp fall in dry bulk rates that has been taking place since the end of last year and has left owners facing historical low rates for a substa ...
Monday, 15 February 16
CALL THE DOCTOR! SHIPPING'S MEDICAL DRAMA UNFOLDS......- CLARKSONS
The recycling market has started 2016 with a bang, with a huge volume of tonnage heading to demolition facilities. Many of the key shipping markets ...
Monday, 15 February 16
CS 42 COAL INDEX ROSE 0.07% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.15 percent week over week to averaging $38.96 per ton on this past Friday, ...
Monday, 15 February 16
BALTIC INDEX MARGINALLY ROSE BY A POINT D-D; CAPESIZE INDEX DOWN 13 POINTS W-W; PANAMAX INDEX UP 29 POINTS W-W
COALspot.com: The freight markets continued to fall this past week.
The BDI, The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measu ...
Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...
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- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Bhatia International Limited - India
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
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