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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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- Ministry of Mines - Canada
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- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
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- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
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- Siam City Cement - Thailand
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- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
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- Agrawal Coal Company - India
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- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
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- Semirara Mining Corp, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
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- Pendopo Energi Batubara - Indonesia
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- Dalmia Cement Bharat India
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- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
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- Kalimantan Lumbung Energi - Indonesia
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- Bulk Trading Sa - Switzerland
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- Madhucon Powers Ltd - India
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- SMC Global Power, Philippines
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- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
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- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
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- CNBM International Corporation - China
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- Energy Development Corp, Philippines
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- Intertek Mineral Services - Indonesia
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- Bayan Resources Tbk. - Indonesia
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- India Bulls Power Limited - India
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- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
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- PTC India Limited - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
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- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
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- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
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- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
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- Bangladesh Power Developement Board
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- Parliament of New Zealand
- Australian Coal Association
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- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
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- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
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- Merrill Lynch Commodities Europe
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- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
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- Billiton Holdings Pty Ltd - Australia
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- Central Electricity Authority - India
- Tamil Nadu electricity Board
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- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
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- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- The University of Queensland
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- Singapore Mercantile Exchange
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