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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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Monday, 29 October 18
SUPRAMAX: THE ASIAN AREA SAW FALLING RATES, WITH A 61,000DWT FIXING DELIVERY KOHSICHANG TRIP VIA INDONESIA, REDELIVERY INDIA, AT $10,500 - BALTIC BRIEFING
Capesize
A market of two halves for most of the week with rates in the Atlantic firming and easing in the East for most of the week, but then, ...
Friday, 26 October 18
SHIP OPERATING COSTS EXPECTED TO RISE IN 2018 AND 2019 - MOORE STEPHENS
Total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to our latest survey.
...
Friday, 26 October 18
SEVERAL CONTRACTIONS IN GLOBAL STEEL PRODUCTION - JEFFREY LANDSBERG
World Steel Association data released today shows that global crude steel production totaled approximately 151.7 million tons in September. T ...
Thursday, 25 October 18
WHAT DOES THE "IMO 2020" REGULATION REALLY SAY? A QUICK GUIDE - BIMCO
KNOWLEDGE TO ELEVATE
The shipping industry has all eyes firmly fixed on the topic, but what exactly do the “IMO 2020” global sulph ...
Wednesday, 24 October 18
MARKET INSIGHT - NASSOS SOULAKIS
Looking at 2018 SnP activity, it is evident that Greek, Chinese and North European (German and Norwegian) owners are the top buying nationalities, ...
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- Minerals Council of Australia
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- White Energy Company Limited
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
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