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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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Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
...
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- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Planning Commission, India
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
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