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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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Friday, 23 July 10
KOWEPO TO IMPORT ADDITIONAL 1.2 MILLION TONS OF INDONESIAN COAL WITHIN 5 MONTHS
Korea Western Power Company Limited has finalized around 1.2 million tonnes of Indonesian origin of coal last week. According to K ...
Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...
Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...
Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...
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- Tamil Nadu electricity Board
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- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
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- Bangladesh Power Developement Board
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- Riau Bara Harum - Indonesia
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- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
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- The Treasury - Australian Government
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- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
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- Romanian Commodities Exchange
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- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
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- Neyveli Lignite Corporation Ltd, - India
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- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
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- Metalloyd Limited - United Kingdom
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- Standard Chartered Bank - UAE
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- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
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- Minerals Council of Australia
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- The State Trading Corporation of India Ltd
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- Petron Corporation, Philippines
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- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
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- Chamber of Mines of South Africa
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- Indonesian Coal Mining Association
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- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
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- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
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- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
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- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
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- Bayan Resources Tbk. - Indonesia
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- Sindya Power Generating Company Private Ltd
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- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
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- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Antam Resourcindo - Indonesia
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- Jindal Steel & Power Ltd - India
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- Directorate Of Revenue Intelligence - India
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- MS Steel International - UAE
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- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
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- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
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- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
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- Independent Power Producers Association of India
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- Parry Sugars Refinery, India
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