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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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Thursday, 12 October 17
THERMAL COAL PRICES IN EUROPE AND ASIA PUSHING HIGHER - DANIEL HYNES
Coal markets took the lead from the oil market, with thermal coal prices in Europe and Asia pushing higher says Daniel Hynes,Senior Commodity Strat ...
Wednesday, 11 October 17
2020 DEBATE AT IBIA'S LISW EVENT: COMPLIANCE & ENFORCEMENT – IT'S COMPLICATED : IBIA
There is no doubt about the start date for the 0.50% marine fuel sulphur limit in MARPOL Annex VI, but questions remain around how it will be enfor ...
Wednesday, 11 October 17
SHIPPING MARKET INSIGHT - TIMOS PPADIMITRIOU
With the majority of second-hand tonnage transactions taking place in the dry bulk sector it’s easy to lose sight of what is happening over a ...
Tuesday, 10 October 17
DELIVERY OF CARGO WITHOUT ORIGINAL BILLS OF LADING - UK P&I CLUB
KNOWLEDGE TO ELEVATE
- It is common in a lot of trades, whether bulk or oil, to accept a Letter of Indemnity (“LOI”) for non-produ ...
Monday, 09 October 17
INDONESIAN COAL PRICE REFERENCE HITS NEW HIGH FOR 2017
COALspot.com: Indonesian coal benchmark price surges 2.13% in October month over month, the latest ministerial decree showed.
The benchmark pr ...
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Showing 1916 to 1920 news of total 6871 |
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- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- VISA Power Limited - India
- White Energy Company Limited
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- The University of Queensland
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Indika Energy - Indonesia
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