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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, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
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- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
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