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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, 04 November 10
CAPE SIZE SENTIMENT FOR THIS WEEK WAS NEGATIVE - FEARNBULK
Handy
The Atlantic markets remain flat and lackluster. High volume of tonnage availabi ...
Thursday, 04 November 10
GVK TALKS WITH MEC FOR INDONESIAN MINES DEAL - DNA INDIA
As reported by DNA India, GVK Power and Infrastructure on Wednesday said it is in talks with Gulf-based MEC Coal to buy its coal mines in Indonesia, ...
Wednesday, 03 November 10
PANAMAX SIZE DRY-BULK CARRIER MARKET IS STRONG - GERSON LEHRMAN
Panamax class vessels have been part of the fluctuation of the broader current dry bulk market. They have experienced occasional steep movements, du ...
Tuesday, 02 November 10
ADDED VALUE REMAINS STAGNANT - MAJALAH TAMBANG
The improvement of added value of mining products in accordance with mandate of the mining law has not been visible. Minerals and coal are still exp ...
Saturday, 30 October 10
THE SUPRAMAX FREIGHT MARKET THIS WEEK REMAINED ALMOST AT LAST WEEK LEVELS - VISTAAR SINGAPORE
COALspot.com: The freight market this week remained almost at same levels except for Panamax index which was up by 191 points.
The feast/SE Asia ...
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- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Ministry of Mines - Canada
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