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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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Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
Friday, 26 November 10
INDIA WILL IMPORT 100 MLN TONS OF COAL BY 2012 - LAKSHMINARAYANA
COALspot.com – “India’s coal shortfall will reach 100 million mt by 2011-12”, said Lakshminarayana, Vice Preside ...
Friday, 26 November 10
CHINAS COAL INVENTORY STAYS HIGH FOR 22 MONTHS AT 220 MLN T, ASSOCIATION
Xinhua News Agency reported that, China’s coal inventory has stayed high and unchanged for 22 months to be around 220 million tonnes, reflecti ...
Friday, 26 November 10
DR WOLFGANG CIESLIK TO HEAD GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com – (Press Release): The Management Board of the German Coal Importers Association (Verein der Kohlenimporteure e.V.) has elected D ...
Thursday, 25 November 10
ANALYSIS: COAL SECTOR: VALUE EMERGENCE - THE JAKARTA POST
Coal demand will remain firm due to a build-up of coal-fired power plants in India, China and Indonesia. As a result, we have upgraded our coal pric ...
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- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- The University of Queensland
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
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