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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, 16 April 18
MINISTER IGNASIUS JONAN SPEAKS HIS MIND AT INDONESIA MINER - IAN WOLLFF
The Minister for Energy and Mineral resources, Ignasius Jonan, delivered a key note address at the Indonesia Miner conference in Jakarta on the 11 ...
Thursday, 12 April 18
THE PERFECT STORM FOR THE BIG SHIPS - THE BALTIC BRIEFING
Capesize
The perfect storm for the big ships: with holidays, force majeure in two ore exporting ports and bad weather undermining the market. A l ...
Thursday, 12 April 18
SHIPPING CAN MANAGE US-CHINA TARIFFS, BUT RISKS RISING - FITCH
Container and, to some extent, dry bulk would probably be the shipping segments most affected by the recently announced US and China tariffs, Fitch ...
Thursday, 12 April 18
SUPRAS HAVE FIXED MID $11K FOR AN INDO RV TO S. CHINA DELIVERY PHILIPPINES - FEARNLEYS
Supramax
Slow week with little light for improving rates. ECSA to Far East still around $15k + bb and same to Med ca $14k, says Fearnleys in its ...
Thursday, 12 April 18
ALWAYS ACCESSIBLE
KNOWLEDGE TO ELEVATE
On 26 March 2018 Mr Justice Knowles determined that the berth warranty ‘always accessible’ must mean the vess ...
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Showing 1741 to 1745 news of total 6871 |
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- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- PTC India Limited - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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