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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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Wednesday, 15 January 20
ASIA PACIFIC GAS AND LNG - 6 THEMES TO WATCH IN 2020 - WOOD MACKENZIE
NEWS RELEASE
Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020
Asian LNG spot pr ...
Wednesday, 15 January 20
PREDICTIONS FOR 2020: 'SLOWBALISATION" IS THE NEW GLOBALISATION - PWC
Projecting what the future holds is an important exercise for businesses looking to plan ahead. Below we present a summary of some of the themes we ...
Wednesday, 15 January 20
SHIPPING MARKET INSIGHT - INERMODAL
Happy New Year and all the best for IMO 2020 !!
The early days of IMO 2020 coming into force have certainly had an impact on the indus ...
Tuesday, 14 January 20
SOLAS AMENDMENTS ENTERING INTO FORCE 1 JANUARY 2020 - STANDARD CLUB
While the latest amendments to MARPOL annex VI which entered into force on 1 January 2020 limiting the SOx emissions from ships has been the centre ...
Tuesday, 14 January 20
MABUX: BUNKER MARKET THIS MORNING, JAN.14
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) changed insignificant and i ...
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Showing 1191 to 1195 news of total 6871 |
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- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Australian Coal Association
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
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