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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, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, ther ...
Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
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- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- The University of Queensland
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
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