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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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Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
Thursday, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
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- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Deloitte Consulting - India
- MS Steel International - UAE
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- PTC India Limited - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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