We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 ...
|
|
|
Showing 5331 to 5335 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Australian Coal Association
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
|
| |
| |
|
