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Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock to support high-tech enterprises nationwide in such fields as AI, autonomous driving and quantum communication.
The development of the digital economy is advancing in Datong, known as China’s “coal capital.” The coal-producing heartland in north China’s Shanxi Province boasts one eighth of the country’s coal reserves.
While phasing out outdated coal production capacity, the city has been looking for alternative industries for long-term growth. With years of efforts, it has become the province’s pioneer in promoting the digital economy in an effort to achieve high-quality development.
The city has built a total of 140,000 data center design racks and established a server capacity of up to 2 million units. Its computing output has become a new point of growth in a city which traditionally relied on fossil fuel resources.
According to the annual session of the Shanxi Provincial People’s Congress, which concluded on Monday, the value of the province’s digital economy exceeded 500 billion yuan (about 74.6 billion U.S. dollars) by the end of 2022.
In addition to Datong, other traditional coal-producing cities of Lyuliang and Yangquan in the province are also promoting digital economy in the fields of big data, smart mining and unmanned driving.
At 500 meters underground, robots are patrolling to monitor mining in the Xinyuan coal mine of the Lu’an Chemical Group Co., Ltd. Assisted by 5G technology, the automated inspectors send real-time data to the mining company’s control center to check mining safety.
Xinyuan became China’s first 5G network-covered coal mine in 2020. Mining managers can view the operational situation in 31 underground working scenarios, including ventilation fans and mining faces, via the smart operating system.
Ping Qingzhong, an expert with the Institute of Internet Industry, Tsinghua University, said the development of the digital economy in Shanxi has a solid industrial base, especially in the energy industry, and its digital economic development, based on upgrading these traditional industries, has broad prospects.
At the meeting of the provincial legislature, the provincial government set the goal of an annual growth rate of more than 15 percent for its digital economic development in the next five years.
Liu Yong, deputy director of the Shanxi provincial department of industry and information technology, said that Shanxi would strengthen the building of digital infrastructure to empower the digital transformation of traditional industries, and provide strong support for all-around high-quality development.
Source: Xinhua
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Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Economic Council, Georgia
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
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