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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, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...
Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...
Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...
Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...
Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...
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- Indonesian Coal Mining Association
- Australian Coal Association
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Aditya Birla Group - India
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
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