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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, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company see ...
Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The BDI firmed up this week by almost 8 pct to 2,357 points , the main reason being jump in Cape size index by almost 22 p ...
Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent ...
Thursday, 01 October 09
MJUNCTION LAUNCHES INDIA'S FIRST COAL SPOT PRICE INDEX
• Named 'MJcomposite, MJsteel, MJcement, MJpower' the value weighted index will benefit Indian coal buyers by minimising risk against pr ...
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- Mercator Lines Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Anglo American - United Kingdom
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- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
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- Madhucon Powers Ltd - India
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- Aditya Birla Group - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- VISA Power Limited - India
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- Bangladesh Power Developement Board
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- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
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- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Bharathi Cement Corporation - India
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- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
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- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
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- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- The Treasury - Australian Government
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- Sarangani Energy Corporation, Philippines
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- Indian Oil Corporation Limited
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- Star Paper Mills Limited - India
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- Petron Corporation, Philippines
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- Global Green Power PLC Corporation, Philippines
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- Meralco Power Generation, Philippines
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- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
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- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
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- Commonwealth Bank - Australia
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- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
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- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
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- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
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- The University of Queensland
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- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
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- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
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