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Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing international concern about climate change, Nikkei has learned.
The project is separate from the Vung Ang 2 coal power plant, which the governments of Japan and Vietnam are pursuing together. Environmental activist Greta Thunberg has called for the cancellation of Vung Ang 2.
Vinh Tan 3, planned for Binh Thuan Province in southern Vietnam, is scheduled to come online in 2024. The 2-gigawatt plant is expected to feature cutting-edge ultra-supercritical technology.
OneEnergy, a joint venture of Mitsubishi and Hong Kong’s CLP group, holds a 49% interest in the $2 billion project. State-owned Electricity of Vietnam owns another 29%. Chinese companies are handling materials procurement, construction and equipment delivery. The banking consortium behind Vinh Tan 3 includes Industrial and Commercial Bank of China. Standard Chartered and HSBC have pulled financing from the power plant.
Unlike Vung Ang 2, Vinh Tan 3 is not a national project, and the start date for construction has already been delayed, making it easier to bow out.
This marks Mitsubishi’s first time withdrawing from a coal plant project. The trading house has said it will not build any new facilities of this type after Vung Ang 2. It plans to contribute to development on power projects that are less harmful to the environment, including liquefied natural gas and renewables such as solar.
Source: Nikkei Asia
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Monday, 23 August 21
CHINESE COAL PRODUCTION RISES 4.9 PCT IN 1ST 7 MONTHS OF 2021 - NBS
Official figures demonstrated that the Chinese raw coal production surged 4.9 percent annually to 2.26 billion tonnes in the January-July period of ...
Friday, 20 August 21
ARE WE LOOKING AT THE NEXT DRY BULK SUPER CYCLE? IS IT EVEN A CYCLE? - BIMCO
Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have soared to multi-year highs ...
Friday, 20 August 21
BIMCO'S SHIPPING NUMBER OF THE WEEK: CHINESE IRON ORE IMPORTS FALL TO 14-MONTH LOW IN JULY - PETER SAND
Chinese iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020. The fall in July means that accumulated imports are ...
Friday, 20 August 21
SOARING DEMAND FOR THE WORLD’S LEAST-LIKED COMMODITY SEES THERMAL COAL PRICES JUMP 106% THIS YEAR - CNBC
Soaring electricity demand, infrastructure woes and a surge in global gas prices have triggered an extraordinary rally for the world’s least ...
Friday, 20 August 21
CHINA’S IRON ORE IMPORTS CONTRACTED YEAR-ON-YEAR BY 2% IN 2018 AND GREW YEAR-ON-YEAR BY ONLY 1% IN 2019 - COMMODORE RESEARCH
Examining the last ten years of China’s crude steel output and iron ore imports shows that China’s iron ore imports have stayed r ...
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- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Australian Coal Association
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
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