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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, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize
There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the Eas ...
Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...
Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...
Wednesday, 05 August 20
AUGUST 2020 HBA HITTING ITS LOWEST LEVELS IN HISTORY
COALspot.com: The Indonesia Coal Price Reference for the month of August plunged 30.73% YoY, hitting its lowest levels in history and highlighting ...
Wednesday, 05 August 20
SLUMP IN OIL REVENUE CHALLENGES MIDDLE EAST OIL EXPORTERS - INTERMODAL
The Covid-19 pandemic has had far-reaching consequences on the global capital markets. Despite the US government’s efforts for a quick and de ...
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- The University of Queensland
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- Bhatia International Limited - India
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
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