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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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Wednesday, 18 March 09
MANILA'S NAPOCOR SAYS BIDDING FOR 100,000T COAL FAILS - REUTERS
Top Philippine electricityproducer National Power Corp (Napocor) was unable to secure 100,000 tonnes of local coal for one of its power plantsfollow ...
Wednesday, 18 March 09
INDONESIA'S PLN APPOINTS KPC TO SUPPLY COAL - REUTERS
State electricity firm Perusahaan Listrik Negara (PLN) appointed PT Kaltim Prima Coal to supply 1 million tonnes of coal per annum to Tanjung Jati B ...
Monday, 16 March 09
TATA POWER HAS NO PLAN TO SELL STAKE IN INDONESIA BUMI MINES - BLOOMBERG
Tata Power Co., India’s biggest electricity generator outside state control, said it has “no intention” to sell its stake in two I ...
Monday, 16 March 09
ANTAM SELECTS PARTNERS FOR POMALAA POWER PLANT - THE JAKARTA POST
PT Aneka Tambang Tbk, Indonesia’s second-largest nickel producer, said it intended to develop a $300 million coal-fired plant in Pomalaa, Sout ...
Monday, 16 March 09
ADARO TO BOLSTER SUPPLY CHAIN THROUGH ACQUISITIONS - THE JAKARTA POST
PT Adaro Energy Tbk, Indonesia's second-largest coal producer, plans to acquire a coal barging and transshipment company to improve its supply chai ...
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- Malabar Cements Ltd - India
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- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
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- IHS Mccloskey Coal Group - USA
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- Indian Oil Corporation Limited
- Planning Commission, India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
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- Georgia Ports Authority, United States
- Australian Coal Association
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- Central Electricity Authority - India
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- Economic Council, Georgia
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- Indonesian Coal Mining Association
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- Marubeni Corporation - India
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- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
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- Therma Luzon, Inc, Philippines
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- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
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- Jaiprakash Power Ventures ltd
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- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
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- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
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- PTC India Limited - India
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
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- LBH Netherlands Bv - Netherlands
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- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- The University of Queensland
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
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- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
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- Kaltim Prima Coal - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
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- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
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- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
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- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Parliament of New Zealand
- Coalindo Energy - Indonesia
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- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
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- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
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- Trasteel International SA, Italy
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
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- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
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- Standard Chartered Bank - UAE
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