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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, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
Tuesday, 29 December 20
CORROSION-RESISTANT STEELS FOR CARGO OIL TANKS - DNV GL
KNOWLEDGE TO ELEVATE
Crude oil is a complex mixture of substances at varying ratios and in most cases contains at least some salt water. ...
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- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- MS Steel International - UAE
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
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