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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, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...
Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.
Oil price at ...
Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...
Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...
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- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Minerals Council of Australia
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- The University of Queensland
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- PTC India Limited - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
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