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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
 RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
Thursday, 27 October 11
CAPESIZE REACHING NEW HIGHS - FEARNLEYS
Handy
Pacific market has mixed sentiments with tonnages fixed at firm levels and some tonnages in feast failing on subs.For indo-india, large eco ...
Thursday, 27 October 11
DRY BULK MARKET EDGES DOWN AS CHINAS IRON ORE DEMAND LOSES GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A plunge in Chinese iron ore demand, as a result of high steel inventories and a bleak outlook regarding steel prices, has prompted the dry bulk mar ...
Thursday, 27 October 11
BUKIT ASAM 3Q PROFIT SURGES 66.91%
Insider Stories reported that, the state-controlled coal miner PT Bukit Asam Tbk (PTBA) experienced a 66.91% increase in its net profit during a per ...
Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to ...
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- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- White Energy Company Limited
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- The University of Queensland
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
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