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