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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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Tuesday, 14 June 16
CS COAL INDICES ROSE UP FOR A THIRD STRAIGHT WEEK; 4200 GAR COAL UP 0.73%
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up 0.54 percent week over week to averaging $39.37 per ton this past week, shows ...
Monday, 13 June 16
DEMAND FOR DRY BULK COMMODITIES COULD PROVIDE FUTURE BOOST FOR SHIP OWNERS - HELLENIC SHIPPING NEWS
When it comes to the dry bulk market, shipowners these days are looking for news in any shape or form they can find them. However, as the discussio ...
Monday, 13 June 16
ONSHORE SHALE: WORTH KEEPING IN THE SHIPPING SPOTLIGHT CLARKSONS
Generally, shipping industry watchers spend much of their time monitoring events out to sea: how fleets are evolving, trade volumes growing and fre ...
Monday, 13 June 16
PORT OF NEWCASTLE SHIPPED 5.03% MORE COAL IN MAY; AVERAGE SELLING PRICE DECLINED 2.08% FROM APRIL
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1.162bill ...
Monday, 13 June 16
BALTIC INDEX FLAT, INDEX FOR CAPE RISE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities flat this past week. The freight market was almost same l ...
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- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Australian Coal Association
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- VISA Power Limited - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- PTC India Limited - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
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