We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points.
The Cape and Panamax index was almost ...
Friday, 17 September 10
CWP COAL WASHING PLANTS MACHINERY LANDS ON RUSSIAN MARKET!!
Press Release: CWP Coal Washing Plants Machinery Industry & Trade Co. which was founded in 1990, has been operating in Izmir with its closed pro ...
Friday, 17 September 10
FREIGHT RATES TO DECLINE FURTHER - ICICI SEC
Broking firm ICICI Securities said tanker freight rates reported a sharp drop with rates of Suezmax and Aframax carriers declining by 16% to USD 8,6 ...
Friday, 17 September 10
R-POWER, ADANI, GMR TO BID FOR $1-BN MINE
Reliance Power, Adani Power and GMR are in the race for a coal mine asset in Australia. The valuation of the asset is close to $1 billion (Rs 4,600 ...
Thursday, 16 September 10
RPG GROUP BUYS 10% IN AUSSIE COAL FIRM RESOURCE GENERATION
Dealcurry reported that, India's RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake (18,268,053 shares) in Resource Generati ...
|
|
|
Showing 5606 to 5610 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Planning Commission, India
- Central Electricity Authority - India
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- The University of Queensland
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
|
| |
| |
|
