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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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Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...
Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...
Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...
Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal.
The tender document also mentioned tha ...
Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...
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- Parliament of New Zealand
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Economic Council, Georgia
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- CNBM International Corporation - China
- The University of Queensland
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
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