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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, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targete ...
Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...
Friday, 23 September 11
RECORD RECYCLING ACTIVITY STIRS OPTIMISM IN DRY BULK SAYS BIMCOS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected at the start of the year, dry bulk ship owners were expected to flock scrapyards around the world, in order to take advantage of attract ...
Friday, 23 September 11
PANAMAX EXPERIENCED A SOFTENING IN RATES - FEARNLEYS AS
Handy
Still a good boost of fresh cargoes entering the market. Vessels in Black Sea with GOA clearance and Baltic positions are fetching tick abov ...
Wednesday, 21 September 11
INDIA'S COAL IMPORTS FROM INDONESIA FALL, CHINA BUYS MORE
COALspot.com - Indian coal imports from Indonesia fall to below 6 million tons in August, and this fall was continuing last few months. Ho ...
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- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Australian Coal Association
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Bhatia International Limited - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
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