Energy Update
One concept over the last few months that seems to have become more prevalent is the idea of baseload power. Politicians seem to mention it at every opportunity when they talk about energy. At the moment it’s being used as a reason why the UK needs more nuclear and other similar types of projects rather than just renewables.
CALGARY, Alberta, Oct 18 (Reuters) - Some five months after
the wildfires that devastated Fort McMurray were extinguished,
anger over red tape and the slow pace of insurance payouts and
permit issuance is flaring in the remote northern Canadian city.
LONDON, Oct 18 (Reuters) - British stocks climbed on
Tuesday, rebounding from a fall in the previous session as
rising mining companies helped outweigh a sharp drop in
Burberry's shares.
SINGAPORE, Oct 18 (Reuters) - Australian thermal coal spot
prices have hit $100 per tonne for the first time since 2012,
with a cargo ordered at that price for delivery from Newcastle
port in November, according to trading platform GLOBALcoal on
Tuesday.
* Australian thermal coal price curve: http://tmsnrt.rs/2ebnznn
SINGAPORE, Oct 18 (Reuters) - Australian thermal coal spot
prices have hit $100 per tonne for the first time since 2012,
with a cargo ordered at that price for delivery from Newcastle
port in November, according to trading platform GLOBALcoal on
Tuesday.
JAKARTA, Oct 18 (Reuters) - The current rally in thermal
coal prices could extend through to the end of the first quarter
of 2017, an Indonesian mining ministry official said on Tuesday,
helping cash-strapped miners boost revenues in Southeast Asia's
largest economy.
* Australian thermal coal price curve: http://tmsnrt.rs/2ebnznn
An Ocean Intelligence report published two whole years before the momentous collapse of Hanjin, the world’s seventh (or eighth or tenth – depends who’s asked) largest container liner and South Korea’s flagship carrier.
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