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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, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
&q ...
Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
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- Deloitte Consulting - India
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- Interocean Group of Companies - India
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- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
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- Sical Logistics Limited - India
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- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
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- Price Waterhouse Coopers - Russia
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- Pendopo Energi Batubara - Indonesia
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- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
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- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- The University of Queensland
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
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- Chamber of Mines of South Africa
- Petron Corporation, Philippines
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- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
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- Planning Commission, India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
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- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
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- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
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- Toyota Tsusho Corporation, Japan
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- Dalmia Cement Bharat India
- MS Steel International - UAE
- New Zealand Coal & Carbon
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- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
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- Georgia Ports Authority, United States
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- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
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- GMR Energy Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
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