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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, 25 December 19
EXHAUST GAS CLEANING SYSTEMS (SCRUBBER) GUIDANCE - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a few weeks, IMO’s ‘global sulphur cap’ will take effect. The permitted levels of SOx in ship emissi ...
Wednesday, 25 December 19
INDONESIAN BUKIT ASAM TARGETS TO MINE 30 MLN T OF COAL IN 2020 - REUTERS
Indonesian state-owned coal miner PT Bukit Asam targets to produce around 30 million tonnes of coal in 2020, compared with an estimate of 28.5 mill ...
Wednesday, 25 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
As another year in the shipping industry is coming to an end, it is interesting to look at the dry bulk and tanker markets and how these performed ...
Monday, 23 December 19
VLSFO PRICING & AVAILABILITY NEEDS CAREFUL WATCHING - INTEGR8 FUELS
As we approach January 1st 2020 , the VLSFO price premium to HSFO has widened considerably
We are clearly well into the IMO 2020 transition; ch ...
Sunday, 22 December 19
NMDC DIVERSIFIES INTO COAL MINING - THE HINDU
Iron ore mining major NMDC has been allocated two coal blocks in Jharkhand for commercial mining by the Union Ministry of Coal.
Both ...
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Showing 1226 to 1230 news of total 6871 |
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- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Planning Commission, India
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- ASAPP Information Group - India
- The University of Queensland
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
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