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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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Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
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- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- White Energy Company Limited
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Interocean Group of Companies - India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Economic Council, Georgia
- CNBM International Corporation - China
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
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