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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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Friday, 28 April 17
DELTA DUNIA RECORDED $24 MILLION NET PROFIT FOR FIRST QUARTER OF 2017; UP 700% Y/Y
COALspot.com: PT Delta Dunia Makmur Tbk. has announced its financial results for the first quarter of 2017 yesterday. According to the ...
Thursday, 27 April 17
PACIFIC IS SOFTENING WITH MORE TONNAGE OPENING AND LESS COAL ORDERS AROUND - FEARNLEYS
Supramax
Relatively slow week, with both basins showing signs of cooling down. Although grain cargoes out ECSA and ECCA on Ultras still delivered ...
Wednesday, 26 April 17
IRON ORE PRICES HAVE BEEN ON A ROLLERCOASTER RIDE OVER THE LAST MONTH - CHRISTOPHER WHITTY
Iron ore prices have been on a rollercoaster ride over the last month. Prices started the year on a very positive note, surging up to their highest ...
Tuesday, 25 April 17
FIONA POUNDS: VALID TENDER OF NOTICE OF READINESS
KNOWLEDGE TO ELEVATE
In the recent English High Court case of MV Arundel Castle1, the Judge ruled that a vessel, that could not immediately pr ...
Tuesday, 25 April 17
SHIPPING MARKET - ALLIED
Over the weekend we witnessed a second win over the rising populism that has become present in global politics since last summer, Allied shipping s ...
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Showing 2061 to 2065 news of total 6871 |
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- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- VISA Power Limited - India
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
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