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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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Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent ju ...
Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
In 2020, total consumption of fossil fuels in t ...
Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...
Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and de ...
Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology
Japan is continuing to push its expensive c ...
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- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- The Treasury - Australian Government
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