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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, 24 April 17
THE FREIGHT MARKET WAS DOWN WEEK OVER WEEK EXCEPT FOR HANDYSIZE SEGMENT
COALspot.com: The Freight market was fell, week over a week as all segments show a negative downward trend except Handy Size segment this past week ...
Friday, 21 April 17
US WEEKLY COAL OUTPUT ON THE UP, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 20 April 17
SHIPPING POOLS: DON'T JUST DIVE IN - MOORE STEPHENS
Shipping pools can be an attractive option for ship owners and operators, particularly in difficult markets and during periods of economic uncertai ...
Thursday, 20 April 17
THE DRY BULK MARKET IS STILL ON ITS UPWARD MOMENTUM - ALLIED SHIPPING
Having gone through the first quarter of the year and with the Easter break having no come and gone, it seems as though the dry bulk market is stil ...
Thursday, 20 April 17
CHINA'S IMPORT OF IRON ORE TO PROPEL DRY BULK SHIPPING DEMAND IN 2017 - PETER SAND
China's import of iron ore will continue to be a key driver for the demand growth in 2017 for the dry bulk shipping industry, alongside shippin ...
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Showing 2066 to 2070 news of total 6871 |
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- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Planning Commission, India
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
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