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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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Wednesday, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...
Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...
Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...
Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...
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- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
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- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bukit Makmur.PT - Indonesia
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- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- PTC India Limited - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
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- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
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