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Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
 Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining by 2025 at the latest.
The German lender also said that, effective immediately, it would not finance new projects in the Arctic or oil sand projects.
The new policies follow announcements earlier this year of new sustainability targets and the issuance of the bank’s first green bond.
Urgewald, a non-profit environmental and human rights organisation, said that the announcement was a welcome step forward but “still too little, too late”.
“Compared to international competitors the bank is still lagging behind on climate,” it said, pointing to BNP Paribas and Royal Bank of Scotland as front runners.
Deutsche Bank said that it would review all of its U.S. and European coal power activities by the end of this year with respect to clients’ diversification plans. It will begin a similar review in Asia in 2022.
Deutsche chief executive Christian Sewing said the new policy “sets us ambitious targets and enables us to help our long-standing clients with their own transformation.”
Source: Reuters (Reporting by Tom Sims Editing by Michelle Martin)
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Friday, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a ...
Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
&nb ...
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- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- The University of Queensland
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
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