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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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Tuesday, 08 December 20
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Economic Council, Georgia
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- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
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- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
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- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Singapore Mercantile Exchange
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- Minerals Council of Australia
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- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
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- Electricity Generating Authority of Thailand
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- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
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- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
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- Global Coal Blending Company Limited - Australia
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- Power Finance Corporation Ltd., India
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- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
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- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
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- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
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- Altura Mining Limited, Indonesia
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- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
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- IHS Mccloskey Coal Group - USA
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- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- VISA Power Limited - India
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- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
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- The Treasury - Australian Government
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- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Planning Commission, India
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- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
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- Global Business Power Corporation, Philippines
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- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
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- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
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- San Jose City I Power Corp, Philippines
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- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
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- Indonesian Coal Mining Association
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- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
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- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
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- The University of Queensland
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