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Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
 Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itochu Corporation.
The agreement stipulates that Mechel is due to supply Itochu Corporation with up to 300,000 tonnes of washed steam coal produced at Southern Kuzbass Coal Company’s New-Olzherasskaya Mine. The price will be determined by mutual agreement without reference to any particular formula. Japan’s major cement and power facilities will be the end consumers of Mechel’s products.
“Our company highly appreciates the level of cooperation with our Japanese partners. Over the past two years, we shipped coal to Itochu Corporation on spot contracts, and signing a long-term agreement is a logical next step in our partnership. Today Japan’s market accounts for about 20% of Mechel’s coal exports, and we expect to increase this figure in the near future,” Mechel Mining Management Company OOO’s Chief Executive Officer Pavel Shtark commented.
About Mechel
Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.
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Friday, 07 October 16
CEYLON SHIPPING CORPORATION HAS TAKEN DELIVERY OF COAL CARRIER MV.CEYLON PRINCESS
Sri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal to pow ...
Friday, 07 October 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALLED AN ESTIMATED 540.5 MMST; DOWN 21.9% Y-O-Y, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 06 October 16
SHIPS IN PACIFIC ACHIEVE JUST ABOVE $10K DAILY FOR A BRAZIL ROUND VOYAGE - FEARNLEYS
Supramax
Slower week with limited activity due to holidays in the East. Mixed feelings within different markets, with slight downturn in Pacific ...
Wednesday, 05 October 16
OPEC TO SHUT OFF MORE THAN 6 PERCENT OF ITS PRODUCTION; MIXED FEELING AMONGST TRADERS - ALLIED
OPEC recent accord to shut off more than 6 percent of its production this past week has been met with mixed feeling amongst traders. As we mo ...
Wednesday, 05 October 16
SHIPPING MARKET INSIGHT
On September 27th the OPEC petroleum and energy ministers arrived in Algeria to attend the International Energy Forum, which brought together produ ...
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- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- The University of Queensland
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- PTC India Limited - India
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
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