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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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Thursday, 10 September 20
U.S. COAL PRODUCTION IN 2020 TO BE 511 MMST, 28 PER CENT LOWER THAN IN 2019 - EIA
EIA expects total U.S. coal production in 2020 to be 511 million short tons (MMst), 194 MMst (28%) lower than in 2019. Mitigation efforts related t ...
Thursday, 10 September 20
DRY BULK SHIPPING: CHINA'S DEMAND KEEPING THE DRY BULK MARKET GOING - PETER SAND | BIMCO
Overview
An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand in the rest of the wo ...
Thursday, 10 September 20
TANKER SHIPPING: FREIGHT RATES BACK AT LOSS-MAKING LEVELS AFTER 12 VERY PROFITABLE MONTHS - BIMCO
Overview
A stunningly strong 12 months for the tanker shipping industry is now being replaced by lower freight rates, as lower oil product ...
Thursday, 10 September 20
INDIA'S COAL IMPORTS STUMBLE IN AUGUST, RAISING RISK OF SLOW RECOVERY - REFINITIV | BANCHERO COSTA
After posting a mild recovery in July, India's coal imports have stumbled in August as the South Asian nation battles to restart it ...
Thursday, 10 September 20
THE FIRST 8 MONTHS OF 2020, INDONESIA EXPORTED 217.4 MLN TONNES OF COAL BASED ON REFINITIV - BANCHERO COSTA
The coal market has been hit by a weaker global economy as a result of COVID-19 pandemic and falling industrial electricity demand  ...
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- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
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