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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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Saturday, 12 December 09
QUEENSLAND APPROVES A$4 BILLION COAL TERMINAL PROJECT
Queensland’s state government said it has signed a mandate approving development of the A$4 billion ($3.7 billion) Wiggins Island coal termina ...
Saturday, 12 December 09
INDONESIA'S COAL RUSH - SOOTY SUCCESS
Rising demand from China and India is stoking Indonesia’s exports of coal
FOR power stations on the coast of China, it is often cheaper to ...
Thursday, 10 December 09
ENVIROCOAL REGISTERED IN 33 COUNTRIES
PT Adaro concerned to register the brand overseas
PT Adaro Energy Tbk has registered the Envirocoal trademark for its coal products in 33 countri ...
Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal t ...
Thursday, 10 December 09
INDONESIA'S NEW MINING LAW WILL NOT LIMIT COAL EXPORTS, SAYS GOVERNMENT
The government will allow coal producers to continue exporting even if they miss domestic sales requirements, a senior mining official said, marking ...
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- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- PTC India Limited - India
- The University of Queensland
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- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
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- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
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- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Goldman Sachs - Singapore
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- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
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- European Bulk Services B.V. - Netherlands
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- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
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- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
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- MS Steel International - UAE
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
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- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
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- CNBM International Corporation - China
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- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
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- Kaltim Prima Coal - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
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- GAC Shipping (India) Pvt Ltd
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- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
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- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
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- PetroVietnam Power Coal Import and Supply Company
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- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Anglo American - United Kingdom
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- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
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- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
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- Jorong Barutama Greston.PT - Indonesia
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- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- Kumho Petrochemical, South Korea
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- Baramulti Group, Indonesia
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- The State Trading Corporation of India Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- GN Power Mariveles Coal Plant, Philippines
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