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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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Thursday, 10 January 19
BUNKER DELIVERY NOTE AMENDMENTS ENTER INTO FORCE AS SULPHUR 2020 REQUIREMENT LOOMS - IMO
KNOWLEDGE TO ELEVATE
Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative m ...
Thursday, 10 January 19
WORLD TRADE IN THERMAL COAL IS ESTIMATED TO HAVE GROWN BY 1.0 PER CENT IN 2018 - DEPARTMENT OF INDUSTRY, AUSTRALIA
World Trade
World trade in thermal coal is estimated to have grown by 1.0 per cent to 1.1 billion tonnes in 2018 but it is expected to decline ...
Thursday, 10 January 19
PAKISTAN'S COAL IMPORTS TO SURGE TO 30 MILLION TONS PER ANNUM BY 2020 - CEO, PIB
Pakistan’s coal imports are estimated to surge to 30 million tons/annum from existing 20 million tons/annum by the year 2020, given the plann ...
Wednesday, 09 January 19
PANAMAX: THE PACIFIC SAW RELATIVELY GOOD DEMAND PARTICULARLY FROM INDONESIA AND NOPAC - BALTIC BRIEFING
Capesize
It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period. Rates for Chi ...
Wednesday, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
Paraphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resemble ...
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Showing 1496 to 1500 news of total 6871 |
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
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