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Wednesday, 26 August 20
PENDING SOUTH KOREA LEGISLATION COULD FORCE HALT TO COUNTRY’S COAL PLANT EXPORT DEALS - KOREA ECONOMIC DAILY
South Korea’s parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired plant deals under way at risk of being scrapped.
Late last month, four lawmakers from the ruling Democratic Party proposed a set of bills, aimed at prohibiting utility Korea Electric Power Corp. (KEPCO), two state-run Korean banks and the state trade insurance provider from financing foreign coal projects.
The draft bills concerning KEPCO, Korea Development Bank, Export-Import Bank of Korea (Korea EXIM) and Korea Trade Insurance Corp. are very likely to pass at the ruling party-controlled National Assembly next month.
Under the proposed bills, the four state-run entities will be prohibited from participating in the construction and operation of coal-fired power plants abroad, as well as extending the life of existing plants. After passing through the National Assembly’s regular session, the bills will take effect immediately.
South Korea is the world’s No. 2 coal power plant exporter in terms of orders received, winning $5.8 billion worth of orders between January 2013 and July 2020, according to EndCoal. China is the biggest coal power plant exporter for orders of $50 billion, nearly 10 times more than South Korea.
But the new legislation may herald the collapse of the relevant industry in Korea. In particular, Doosan Heavy would be hard hit by a ban on the country’s financing of overseas coal plants, as this accounts for half of its overseas business. The company has already suffered from the South Korean government’s policy to phase out nuclear power.
Source: The Korea Economic Daily
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Wednesday, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...
Tuesday, 23 March 21
LOWER WHOLESALE PRICES PUT PRESSURE ON AUSTRALIAN ENERGY RETAILERS - FITCH RATINGS
Fitch Ratings expects the low wholesale energy prices in the Australian National Energy Market to persist through to 2022, which will affect electr ...
Tuesday, 23 March 21
SCRUBBER-FITTED SHIPS NEARLY DOUBLE AS FUEL SPREAD SETTLES AT $118 PER MT - PETER SAND
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be c ...
Tuesday, 23 March 21
CHINA'S COAL OUTPUT EDGES UP IN FIRST TWO MONTHS - XINHUA
China’s raw coal output rose 25 percent year on year to 620 million tonnes in the first two months of 2021, official data showed.
...
Wednesday, 17 March 21
MARKET INSIGHT - INTERMODAL
Shipping market players are familiar with the inverse correlation between the freight market and demolition activity i.e. when the market picks up ...
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- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Australian Coal Association
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Central Java Power - Indonesia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
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