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.
|
|
Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Min ...
Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban ex ...
Friday, 22 January 10
MERCATOR EYES MORE COAL MINES IN INDONESIA
India’s second-largest private shipping company Mercator Lines is looking at acquiring more coal mines in Indonesia as part of its strategy&nb ...
Friday, 22 January 10
BHAKTI ENERGI IN TALKS OVER COAL VENTURES IN KALIMANTAN
PT Bhakti Energi Persada, one of Indonesia’s biggest miners of brown coal, revealed on Thursday that it was in talks to form a joint venture w ...
Friday, 22 January 10
SHENHUA ENERGY 09 YIELDED 210MN TONS COMMODITY COAL
China Shenhua Energy Co., Ltd. yielded 210 million tons of commodity coal in 2009, hiking 13.2% year on year, the Chinese energy titan announced tod ...
|
|
|
Showing 6061 to 6065 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Mercator Lines Limited - India
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
|
| |
| |
|
