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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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Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...
Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...
Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...
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- Singapore Mercantile Exchange
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- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Minerals Council of Australia
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- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
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- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- New Zealand Coal & Carbon
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- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
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- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
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- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
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- Posco Energy - South Korea
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
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- Aboitiz Power Corporation - Philippines
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- Ministry of Transport, Egypt
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- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
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- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
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- Sarangani Energy Corporation, Philippines
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- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
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- Petron Corporation, Philippines
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- Bangladesh Power Developement Board
- Planning Commission, India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
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