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