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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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- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
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