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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
According to Bloomberg, Nippon Steel Corp. agreed on an annual supply deal through March with Glencore for power plant coal at $375 per ton, according to people with knowledge of the deal, who asked not to be identified because the information is private.
The agreement is three times more expensive than similar deals done last year, and is likely one of the costliest coal contracts ever signed by a Japanese company, one of the people said, Bloomberg said.
teh report also said, spokespeople for Glencore and Nippon Steel declined to comment.
Bloomberg also noted that, Global competition for coal and natural gas is escalating as power generators move to secure additional fuel shipments amid an energy crunch. Utilities are curbing imports from Russia due to the war in Ukraine, tightening the amount of available supply and sending prices surging.
Japan has been struggling with strained electricity supplies and high demand during a recent heat wave. Nippon Steel, which uses fuel to power its industrial sites and supplies electricity to Japan’s grid, earlier this month purchased the country’s most expensive ever natural gas shipment.
Glencore is the world’s top coal shipper and profits from the power-plant fuel are at an all-time high. The resource giant is on course for a record 2022 as it cashes in on soaring prices and volatility.
Bloomberg further noted that, the Glencore deal may be used as the benchmark price for other annual supplies by thermal coal users in Asia, the people said. That will boost the cost to generate electricity, and threatens to increase power bills for businesses and households.
Australian Newcastle coal futures closed at $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Tuesday, 17 March 20
IT IS NOW UNQUESTIONABLE THAT 2020 WILL BE A MILESTONE YEAR FOR THE OIL MARKET, AS WELL AS THE WHOLE GLOBAL ECONOMY - ALLIED
It is now unquestionable that 2020 will be a milestone year for the oil market, as well as the whole global economy. The impact from the COVID-19 o ...
Tuesday, 17 March 20
PRELIMINARY FIELD EXPERIENCES ON THE EFFECTS OF LSFO AND VLSFO ON CYLINDER CONDITION - HANS JENSEN LUBRICATORS
It is now more than two months since the 0.5% sulphur cap entered into force, which have affected the operation of more than 70,000 vessels. As ant ...
Monday, 16 March 20
ULTRAMAX: S8 INDONESIA-INDIA AND S10 INDONESIA-CHINA ROUTES BOTH POSTED GAINS OF $1,412, AND $1,289 ON THE WEEK, TO CLOSE AT $5,575, AND $6,089 RESPECTIVELY - BALTIC BRIEFING
Capesize
The Capesize market came to work on Monday, with little expectation, or confidence, that the days ahead were going to bring anything o ...
Sunday, 15 March 20
CAPTIVE COAL OUTPUT RISES 19% IN APRIL-FEBRUARY - FINANCIAL EXPRESS
Coal production from captive mines in the first eleven months of the ongoing fiscal have increased by 18.8% year-on-year (y-o-y) to 51.7 million to ...
Friday, 13 March 20
PANAMAX: SLIGHTLY STRONGER NUMBERS IN BOTH BASINS THIS WEEK - FEARNLEYS
Cape
Still very sad times for the big ships, and merit in further trading at present levels is highly debatable for most tonnage. Spot fixtures ...
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Showing 1066 to 1070 news of total 6871 |
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- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- The University of Queensland
- Bhatia International Limited - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
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