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Monday, 03 December 18
WCA'S ENGAGEMENT AT COP24 IN KATOWICE - WCA
 The 24th Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) will take place from the 2-14 December 2018 in Katowice, Poland. This year’s COP has one main objective – to deliver the framework that will operationalise and implement the Paris Agreement work programme.
Growing energy demand
Global energy demand is expected to grow by more than 25% through to 2040. It’s therefore vital that we widen deployment of all low emission technologies to minimise emissions.
492 GW of new coal-fuelled power plant capacity is either planned or under construction today, much of it in developing and emerging economies. Given that the life of these plants is at least 30 years, many of them will be operating well into the 2050s and beyond. It’s clear that coal will continue to play a key role in the global energy system for decades to come.
Low emission coal technologies, such as high efficiency low emission (HELE) coal, ensure that environmental imperatives can be integrated with the aims of universal access to energy, energy security and social and economic development.
For many countries that rely on coal, especially in developing Asia, it’s essential that they’re supported to ensure they deploy the most modern coal technologies available today and are able to utilise carbon capture use and storage (CCUS) in the future.
WCA at the climate talks
WCA has been involved in international climate discussions for many years. WCA responded positively to the Paris Agreement, seeing it as an opportunity to renew commitments to financing low emission technologies. WCA has called on the UNFCCC’s finance and technology mechanisms to support countries in implementing all aspects of their climate pledges.
WCA would like to see practical solutions to reduce global emissions. Solutions that recognise countries’ individual circumstances, where economic growth is imperative together with the achievement of climate objectives. Countries need a solution that enables them to achieve both.
Technology is key to meeting these objectives. Therefore, at these next climate talks, WCA will continue to advocate for policy parity for all low emission technologies, including high efficiency low emissions coal and CCUS, alongside calling for greater action on CCUS.
Globally, 24 countries have identified high efficiency low emissions technologies as part of their Nationally Determined Contributions (NDCs) in the Paris Agreement. Many have also identified a role for CCUS. Most of these countries are developing and emerging economies that have to meet their energy needs, ensure energy access and reduce emissions. They cannot achieve these without using all energy sources.
Over the next 18 months, countries are required to submit their long-term climate mitigation plans for action through to 2050. Embedding CCUS within the Paris Agreement infrastructure will provide a true indication of the importance of the technology. It is also vital that developing countries identify a role for CCUS now to promote the collaborative action in finance, capacity building and technology transfer that will be necessary to support deployment.
WCA will call for enhanced support for all countries in implementing all aspects of their climate pledges, including those relating to low emission coal technologies. This is the only practical approach to reaching our common climate goals.
The Paris Agreement goal of limiting future temperature increases to ‘well below 2°C’ will require a significant reduction in emissions. Deploying CCUS is critical to this outcome and it is essential that we see a greater role for CCUS in longer-term climate plans.
Source: World Coal Association
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Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...
Wednesday, 05 December 18
WORLD COAL PRICES FALL, WITH INDONESIA BENCHMARK FOR DECEMBER, ENDING AT LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 05 December 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
Is the rise in crude carrier rates driven only by seasonality, or is the recent positive reversal signaling the end of challenging days for the mar ...
Monday, 03 December 18
SUPRAMAX: FIXED DELIVERY KALIMANTAN TO WEST COAST INDIA, AT $11000 - THE BALTIC BRIEFING
Capesize
A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week ...
Sunday, 02 December 18
TRADE WAR LEADING TO HEADWINDS FOR THE FRAGILE DRY BULK RECOVERY - PETER SAND, BIMCO
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which ...
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- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
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