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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, 19 December 18
GLOBAL SHIPPING SCOUTS FOR FUTURE GROWTH - PETER SAND, BIMCO
Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we sh ...
Wednesday, 19 December 18
SHIPPING MARKET INSIGHT - INTERMODAL
As another year is coming to an end, it is interesting to look at the main shipping markets and how these performed compared to 2017.
&nb ...
Tuesday, 18 December 18
COAL DEMAND WILL REMAIN STEADY THROUGH 2023, INTERNATIONAL ENERGY AGENCY SAYS - TOM DICHRISTOPHER, CNBC
Coal consumption is on the rise but will remain roughly stable over the next five years, the International Energy Agency forecasts.
...
Tuesday, 18 December 18
DRY BULK: IN ABSOLUTE TERMS, ALL MAIN SIZE SEGMENTS SAW THEIR ACTUAL VOLATILITY FIGURES DECREASE - ALLIED
Since the beginning of 2016, when the dry bulk market reached its absolute bottom, freight rates have been ever since on an upward trajectory. Taki ...
Tuesday, 18 December 18
COAL OUTLOOK BULLISH DESPITE WEAK CHINESE IMPORT DATA - HEREN, ICIS
Coal prices may appreciate over the remainder of 2018 even despite recent data showing falling imports from the world’s largest producer and ...
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Showing 1521 to 1525 news of total 6871 |
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Planning Commission, India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- London Commodity Brokers - England
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
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