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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, 01 April 11
SUPRAS EX RICHARDS BAY COAL TERMINAL TO INDIA HOVERING AT $ 25 - 27.00 PMT - FEARNBULK
Handy
Atlantic markets remain stable with more activity from the Black Sea to FEast paying in the mid 20´s on Supras. The USG remains firm p ...
Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
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- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
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- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
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- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
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- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
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- Indonesian Coal Mining Association
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- Trasteel International SA, Italy
- White Energy Company Limited
- Ministry of Mines - Canada
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- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
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- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
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- The Treasury - Australian Government
- Renaissance Capital - South Africa
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- Ambuja Cements Ltd - India
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- Dalmia Cement Bharat India
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- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- MS Steel International - UAE
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
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- Cement Manufacturers Association - India
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- Uttam Galva Steels Limited - India
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- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
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- Indika Energy - Indonesia
- Aditya Birla Group - India
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- Maharashtra Electricity Regulatory Commission - India
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- Directorate General of MIneral and Coal - Indonesia
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- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
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- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Australian Coal Association
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
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- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
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- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- London Commodity Brokers - England
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- CNBM International Corporation - China
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- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
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- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
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- South Luzon Thermal Energy Corporation
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- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
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- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
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- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
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- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
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- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
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