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