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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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Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role.
The National reported that, Dubai's utility company wil ...
Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...
Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...
Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
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- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
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- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
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- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
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- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Orica Mining Services - Indonesia
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- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
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- Goldman Sachs - Singapore
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- Bangladesh Power Developement Board
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- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
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- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
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- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
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- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
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- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
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- PowerSource Philippines DevCo
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
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- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
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- CIMB Investment Bank - Malaysia
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