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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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Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...
Friday, 18 September 09
STANCHART TO ADVISE BAYAN ON INDONESIA COAL FINANCING
Indonesian coal miner PT Bayan Resources Tbk said on Wednesday it has appointed Standard Chartered Bank as a financial adviser for raising at least ...
Friday, 18 September 09
COKING COAL SUPPLY TO FALL 3 MILLION TONS IN CHINA ON SHUTDOWN
Bloomberg reported that, Coking coal supply in China, the largest consumer, may fall by 3 million metric tons a month after a mine accident this mon ...
Thursday, 17 September 09
FOUR LEFT IN INDIA'S MMTC COAL IMPORT TENDER-SOURCE
Reuters reported that, India's MMTC Ltd has accepted four out of five submissions for an import tender for 12.5 million tonnes of coal, with a bid ...
Thursday, 17 September 09
INDIA SEEKS COAL
IBT commodities reported that, India is on a coal buying spree. The big Asian nation is scrambling to cover an expected shortfall in domestic supply ...
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- Makarim & Taira - Indonesia
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- Semirara Mining Corp, Philippines
- Australian Coal Association
- SMC Global Power, Philippines
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- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Economic Council, Georgia
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- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
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- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
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- Star Paper Mills Limited - India
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- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
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- Baramulti Group, Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
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- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
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- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
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- Siam City Cement - Thailand
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- Commonwealth Bank - Australia
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- Mjunction Services Limited - India
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- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
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- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
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- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
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- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
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- Meralco Power Generation, Philippines
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- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
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- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
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- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
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- Cement Manufacturers Association - India
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- Indonesian Coal Mining Association
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- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
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- ICICI Bank Limited - India
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- Bangladesh Power Developement Board
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- Romanian Commodities Exchange
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- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
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- The University of Queensland
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- Latin American Coal - Colombia
- Ministry of Mines - Canada
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- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
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- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
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- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
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- Indian Energy Exchange, India
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