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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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Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...
Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...
Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy
The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...
Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...
Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...
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- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
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