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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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Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...
Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...
Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...
Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...
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- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Australian Coal Association
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
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- Energy Link Ltd, New Zealand
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- Global Business Power Corporation, Philippines
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- Economic Council, Georgia
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- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
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- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
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- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
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