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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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Thursday, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...
Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
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- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Electricity Authority, New Zealand
- PTC India Limited - India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
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