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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, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...
Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...
Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...
Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...
Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...
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- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
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- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Australian Coal Association
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Minerals Council of Australia
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
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