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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, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING
COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unload ...
Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
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- McConnell Dowell - Australia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
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- Kartika Selabumi Mining - Indonesia
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- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Deloitte Consulting - India
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- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- The University of Queensland
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Minerals Council of Australia
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- Parry Sugars Refinery, India
- Xindia Steels Limited - India
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- Bukit Makmur.PT - Indonesia
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- Parliament of New Zealand
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- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
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- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
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- Jaiprakash Power Ventures ltd
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- Merrill Lynch Commodities Europe
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- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
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- Altura Mining Limited, Indonesia
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- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
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- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
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- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
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- Siam City Cement - Thailand
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- Global Business Power Corporation, Philippines
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- Baramulti Group, Indonesia
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- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
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- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Goldman Sachs - Singapore
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- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
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