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Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to put an end to the financing of overseas projects, new research showed on Wednesday.
Excluding China and India’s domestic coal power programmes, there are now just 28 new coal-fired plants being planned across Asia, less than 30% of which have secured finance, the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) think tanks said in a joint report.
“Once the final bastion of coal power, Asia’s coal power sector has witnessed wave after wave of coal power plant cancellations,” said GEM’s Russell Gray. “China’s pledge to stop financing coal power plants overseas will trigger one more wave.”
The report said nearly all of Bangladesh and Sri Lanka’s planned coal-fired power plants now face cancellation, as well as 65% of Indonesia’s.
However, there are still about 43 GW of projects already under construction throughout Asia, the report estimated.
Chinese President Xi Jinping pledged to end China’s support for new overseas coal power plants during his video address to the United Nations General Assembly in September. The move meant that 99% of global development financing was now committed to the transition to clean energy.
According to the Boston University Global Development Policy Center, if all the China-financed overseas coal plants now under construction or being planned were cancelled, 646 million tonnes of annual CO2 emissions could be avoided, more than the total annual footprint of Canada.
As COP26 climate talks continue in Glasgow, China’s coal industry plans have come under increasing scrutiny.
China, the world’s biggest producer of greenhouse gases, has promised to switch to lower-carbon forms of energy, but it will only start to cut total coal consumption from 2026.
Source: Reuters
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Tuesday, 05 October 21
CAPESIZE MARKET WAS IN A STEEP CLIMB FOR MOST OF THIS WEEK - BALTIC EXCHANGE
Capesize
The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regather ...
Wednesday, 29 September 21
THE WRITING IS ON THE WALL: AUSTRALIA’S COAL ERA IS OVER - YAHOO!FINANCE
As the fringe of Australian politics strives to pump up the coal industry, facts show that coal production has started its long run decline.
&n ...
Wednesday, 29 September 21
SURGING COAL PRICES SPLIT ASIAN BUYERS INTO RICH AND POOR - REUTERS
As seaborne coal in Asia trades at, or near, record highs, there are early signs of demand destruction, especially among price-sensitive buyers suc ...
Wednesday, 29 September 21
MARKET INSIGHT - INTERMODAL
Tanker Asset values have surprised to the upside, despite the downward pressure on the freight market. Tanker rates have been hovering close to the ...
Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...
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- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
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