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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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Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...
Tuesday, 29 March 11
DUTY EXEMPTION UNLIKELY TO IMPACT COKING COAL PRICES - PTI NEWS
Press Trust of India News reported that, the exemption to certain types of coking coal from customs duty is not likely to impact steel prices at pre ...
Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight in ...
Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans ...
Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore.
Howeve ...
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- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- The University of Queensland
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
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