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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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Monday, 04 November 19
PANAMAX: WEAKER SENTIMENTS CONTINUED FROM LAST WEEK, WITH RATES FURTHER SOFTENING IN BOTH BASINS - BALTIC BRIEFING
Capesize
The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, t ...
Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,30 ...
Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
Southeast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, ...
Monday, 28 October 19
ULTRAMAX: ASIA RATES REMAINED UNDER PRESSURE WITH THE NORTH LACKING FRESH ENQUIRY - BALTIC BRIEFING
Capesize
The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop ...
Thursday, 24 October 19
AUSTRALIA'S HOPES TO EXPAND COAL EXPORTS IN SOUTH-EAST ASIA 'DELUSIONAL', EXPERTS SAY - THE GUARDIAN
The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has ...
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Showing 1296 to 1300 news of total 6871 |
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- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- White Energy Company Limited
- Wilmar Investment Holdings
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- The University of Queensland
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
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