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Thursday, 04 April 19
GLENCORE, TOHOKU ELECTRIC SET COAL CONTRACT PRICE AT $94.75/T - SOURCE, REUTERS REPORTED
 Global miner Glencore and Japan’s Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for the year through March 2020, a source with direct knowledge of the matter said.
The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14 percent lower than a price agreed for supplies for the year through September this year.
The agreement helps restore clarity to an opaque market after Glencore and Tohoku Electric abandoned the annual talks for April-March supplies last year.
The Australian miner later agreed on a price of $110 per tonne in August for some contracts with other Japanese thermal coal buyers for the April to March period.
Glencore has two annual benchmark supply contracts with Japanese utilities, typically negotiated by Tohoku Electric, one for April through March and the other for October through September that takes account for later market conditions.
With annual imports last year of slightly less than 114 million tonnes, Japan is one of the world’s biggest importers of thermal coal. Australia supplied a little over 70 percent of those imports in 2018.
A Tohoku spokesman declined to comment. Glencore could not immediately be contacted for comment.
Source: Reuters
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Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY 8% IN Q1 2020 RELATIVE TO Q1 2019 - IEA
We expect global coal demand to fall by 8% in Q1 2020 relative to Q1 2019. This significant drop was driven by lower demand in the electricity sect ...
Friday, 01 May 20
LUKOIL SHARES LUBRICANT EXPERIENCE AFTER FIRST 100 DAYS OF OPERATION ON VLSFO
KNOWLEDGE TO ELEVATE
After 100 days of VLSFO operation, LUKOIL Marine Lubricants is sharing recent experience on VLSFO operation with NAVIGO M ...
Wednesday, 29 April 20
OIL CLOSES IN ON PEAK OVERSUPPLY - WOOD MACKENZIE
Are we now deep in the abyss? Up to our necks in it, if the oil price is any guide. Brent has now tested sub-US$20/bbl in this downturn and WTI sub ...
Monday, 27 April 20
INCIDENT INVESTIGATION: SEARCH FOR THE CAUSE, NOT THE VILLAIN - GARD
Incident investigations often conclude with placing the blame for an incident on the crew. Causes of the incidents are usually identified as proced ...
Monday, 27 April 20
A 58,000DWT VESSEL WAS FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY WC INDIA, AT $4,500 - BALTIC BRIEFING
Capesize
The tide turned this week for the Capesize market, as voyage rates registered dramatically falling fuel costs. This was led primarily ...
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- GMR Energy Limited - India
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Planning Commission, India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Economic Council, Georgia
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
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