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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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- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- The University of Queensland
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
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