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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, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remain ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
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- TeaM Sual Corporation - Philippines
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- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
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- Global Business Power Corporation, Philippines
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- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
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- Romanian Commodities Exchange
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- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Indonesian Coal Mining Association
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- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- The University of Queensland
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- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
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- Vizag Seaport Private Limited - India
- Economic Council, Georgia
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- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
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- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
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- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
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- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
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- Independent Power Producers Association of India
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- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- PTC India Limited - India
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- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
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- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Planning Commission, India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bahari Cakrawala Sebuku - Indonesia
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- Kaltim Prima Coal - Indonesia
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- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
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- Maharashtra Electricity Regulatory Commission - India
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- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
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- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
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