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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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Monday, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in Jun ...
Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...
Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...
Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...
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- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
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- Tamil Nadu electricity Board
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- San Jose City I Power Corp, Philippines
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- Ministry of Transport, Egypt
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- LBH Netherlands Bv - Netherlands
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- New Zealand Coal & Carbon
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- VISA Power Limited - India
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- Goldman Sachs - Singapore
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- Kumho Petrochemical, South Korea
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- Orica Mining Services - Indonesia
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- Wood Mackenzie - Singapore
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- Barasentosa Lestari - Indonesia
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- Renaissance Capital - South Africa
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- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
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- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
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- The State Trading Corporation of India Ltd
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- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Romanian Commodities Exchange
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- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
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- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Vizag Seaport Private Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Jaiprakash Power Ventures ltd
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- Energy Link Ltd, New Zealand
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- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
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- White Energy Company Limited
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
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- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
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- Altura Mining Limited, Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- Ceylon Electricity Board - Sri Lanka
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- Planning Commission, India
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- Salva Resources Pvt Ltd - India
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- Ministry of Mines - Canada
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
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- Minerals Council of Australia
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- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Parliament of New Zealand
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- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
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- Carbofer General Trading SA - India
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