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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, 14 February 18
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
The second month of the year is traditionally a particularly interesting one for the shipping industry as a whole and even more importantly for the ...
Monday, 12 February 18
PANAMAX: WITH LIMITED FRESH ENQUIRY IN ALL AREAS, SPOT MARKET RATES DRIFTED LOWER THROUGHOUT THE WEEK - BALTIC BRIEFING
Capesize
A switch to the Atlantic with rates firming as charterers seemed keen to fix and tonnage was tight, prompting a recovery in rates. Trans ...
Monday, 12 February 18
WORLDWIDE: 'DEMURRAGE CLAIMS' FOR THE PURPOSES OF DOCUMENTARY TIME BARS
KNOWLEDGE TO ELEVATE
On 2 February 2018 the Commercial Court allowed an appeal from a decision of the Arbitration Tribunal in Lukoil Asia Paci ...
Saturday, 10 February 18
COAL INDIA ON PATH OF SUSTAINABLE PRODUCTION GROWTH AND SUPPLY TO POWER AND NON POWER SECTOR - PIB
Supply of 371.8 MT of Coal to Power Sector and 103.1 MT Coal to Non-Power Sector Achieved in 2017-18 Till January,2018 Average Rake Loading To The ...
Saturday, 10 February 18
OIL PRICE USD 100/BARREL BY END OF 2018! - SAROJ MOHAPATRA
All demand supplies calculations are going wrong in oil market at present. US production is increasing at a good pace and set to topple Saudi comfo ...
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Showing 1806 to 1810 news of total 6871 |
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- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
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