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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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Wednesday, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
Monday, 23 May 11
BRMS IS TO START PRODUCTION FROM DAIRI PRIMA MINERALS
COALspot.com - The Presidential Decree No. 28 Year 2011 that allows conditional underground mining in the protected forest areas was issued on 19th ...
Sunday, 22 May 11
INDONESIA - INDIA IS LIKELY TO BE STEADY NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market remained soft beginning of the week, however second half of the week was firm with BDI up by 3.29 pct and closed a ...
Saturday, 21 May 11
OWNERS PREFER TO DO INDO COAL OR NICKEL ORE TO CHINA RATHER THAN GOING TO INDIA - FEARNBULK
Handy
The Atlantic is marked by volatility and very positional, nevertheless USG,NCSA, Cont remain strong thanks to the petcoke, grains and scrap ...
Friday, 20 May 11
GOVT TOLD TO LIMIT COAL, GAS EXPORTS - THE JAKARTA POST
The Jakarta Post, a leading news paper in Indonesia, reported that, Amid soaring global oil prices, the government should limit exports of coal and ...
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- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Planning Commission, India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Parliament of New Zealand
- Latin American Coal - Colombia
- The University of Queensland
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
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