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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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Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore): Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...
Saturday, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spur ...
Friday, 05 June 09
CEMENT INDUSTRY NEEDS POLICY ON FLY ASH
H.M. Bangur, President of Cement Manufacturers' Association, on the objectives and economic impact of the proposed national policy on utilisation o ...
Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for 40,000/10 pct steam size in June 2009. South African c ...
Thursday, 04 June 09
CHINA'S SHANXI PROVINCE CONSIDERS COAL FUTURES BOURSE - MINE WEB
Mine Web reported that, China hopes to establish a coal futures exchange to obtain more rights on international pricing.
China's largest coal pr ...
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- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Central Electricity Authority - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Minerals Council of Australia
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Aditya Birla Group - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- CNBM International Corporation - China
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
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