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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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- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
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- Metalloyd Limited - United Kingdom
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- Meralco Power Generation, Philippines
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- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
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- Larsen & Toubro Limited - India
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- White Energy Company Limited
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- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
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- The State Trading Corporation of India Ltd
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- ICICI Bank Limited - India
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- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
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- Goldman Sachs - Singapore
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- Africa Commodities Group - South Africa
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- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
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- Directorate Of Revenue Intelligence - India
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- Sindya Power Generating Company Private Ltd
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- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
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- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
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- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
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- Power Finance Corporation Ltd., India
- VISA Power Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- The University of Queensland
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
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- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
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- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
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- Chamber of Mines of South Africa
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- Independent Power Producers Association of India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
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- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
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- Economic Council, Georgia
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- Tamil Nadu electricity Board
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- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
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- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
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- Eastern Coal Council - USA
- Baramulti Group, Indonesia
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- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Parliament of New Zealand
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- Cement Manufacturers Association - India
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