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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, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...
Monday, 21 February 11
CHURCHILL MINING RECEIVES SIGNIFICANT INTEREST, PROPOSALS TO DEVELOP EAST KUTAI COAL PROJECT - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining has received a number of specific proposals to fund and develop its massive East Kutai coa ...
Monday, 21 February 11
ABOLISH 5% DUTY ON COAL IMPORTS: SHINDE
Indian Express reported that, with acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry ha ...
Saturday, 19 February 11
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market was quite firm this week with freight rates in South east asia and India/Feast almost up by 30 pct.
However towards end ...
Thursday, 17 February 11
COAL-GEN EUROPE 2011 REAFFIRMS THE IMPORTANCE OF COAL
Press Release: The third COAL-GEN Europe conference and exhibition, kicked off on Tuesday 15 February, with leading experts, professionals and compa ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Planning Commission, India
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- White Energy Company Limited
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
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