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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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Sunday, 18 April 21
INDONESIA LIKELY TO WITNESS 119 OIL AND GAS PROJECTS STARTS ACROSS VALUE CHAIN BY 2025, SAYS GLOBALDATA
Indonesia is expected to witness 119 oil and gas projects commencing their operations across value chain during 2021-2025, accounting for 6% of the ...
Sunday, 18 April 21
WORLDSTEEL RAISES 2021 STEEL DEMAND GROWTH FORECAST TO 5.8% - WORLDSTEEL
The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand wil ...
Sunday, 18 April 21
CHINA'S Q1 COAL OUTPUT RISES 16% ON STRONG DEMAND FOR WINTER HEATING - REUTERS
China’s coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust in ...
Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply
India has stockpiled a record 132 million tonnes of coal – enough t ...
Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations
The emerg ...
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- Ministry of Mines - Canada
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
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- The Treasury - Australian Government
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- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
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- CIMB Investment Bank - Malaysia
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- Bukit Makmur.PT - Indonesia
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- Orica Mining Services - Indonesia
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- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
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- Mercator Lines Limited - India
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- Australian Coal Association
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- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
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- Indian Oil Corporation Limited
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- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
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- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
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- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
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- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
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- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Electricity Authority, New Zealand
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- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
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- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
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- Thai Mozambique Logistica
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- IEA Clean Coal Centre - UK
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- Formosa Plastics Group - Taiwan
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