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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, 23 December 14
SHIPOWNERS ARE FINALIZING MORE DEALS AS YEAR END COMES CLOSER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
With the 2014 year just a few days before waving goodbye, shipowners are looking to close their pending deals in both the newbuilding and S&P m ...
Monday, 22 December 14
Q2'15 CFR SOUTH CHINA COAL SWAP CLOSED $ 0.30 LOWER THAN Q1'15 CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3.67 (-5.81%) month over month and US$ 0.35 (-0.58%) ...
Monday, 22 December 14
API 5 FOB NEWCASTLE COAL SWAPS ARE HEADING SOUTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.71 per MT (-3.24%) and closed at US$ 51.02 on 19 December month ...
Sunday, 21 December 14
PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA FALLS FURTHER
COALspot.com: The BDI continued its fall as cape index lost heavily week on week.
The BDI was down 6.95 percent week over week and closed at 8 ...
Friday, 19 December 14
HOW WILL LOWER BUNKER PRICES AFFECT THE SUBSTANTIAL OVERCAPACITY IN DRY BULK MARKET? - BIMCO
As bunker fuel costs have come down from USD 600 per tonnes to USD 330 per tonnes in the past 6 months, much talk about increased ship speed have s ...
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Showing 3296 to 3300 news of total 6871 |
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- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Planning Commission, India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
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