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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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Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...
Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...
Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...
Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...
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- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Planning Commission, India
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
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