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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, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...
Friday, 19 August 11
INDIA IMPORTS LESS INDONESIAN COAL THAN CHINA IN JULY
COALspot.com - Indonesia shipped 31.30 Million tons of coal in July 2011, up by 10.69 percent compared to June's export of about 28.27 ...
Thursday, 18 August 11
INDONESIAS PROPOSED LOW GRADE COAL EXPORT BAN WILL NOT HAVE A SIGNIFICANT IMPACT ON INDIA - MISWIN MAHESH
COALspot.com - The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by Jan ...
Thursday, 18 August 11
MARUBENI ACQUIRED 42.86% OF YTL JAWA POWER
COALspot.com - Marubeni Corporation (Marubeni) has completed the acquisition of 42.86 percent of the shares of YTL Jawa Power Holdings BV from YTL P ...
Wednesday, 17 August 11
CME LAUNCHES ARGUS COKING COAL SWAP FUTURES
COALspot.com - Argus media reported that, leading exchange CME Group will list an Australian coking coal swap futures contract for trading on the Ny ...
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- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Planning Commission, India
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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