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.
|
|
Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
|
|
|
Showing 5996 to 6000 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- The University of Queensland
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- MS Steel International - UAE
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- PTC India Limited - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
|
| |
| |
|
