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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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- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
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- Minerals Council of Australia
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- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
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- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
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- Chettinad Cement Corporation Ltd - India
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- Ceylon Electricity Board - Sri Lanka
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- Meralco Power Generation, Philippines
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- Australian Commodity Traders Exchange
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- Africa Commodities Group - South Africa
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- Jorong Barutama Greston.PT - Indonesia
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- Sindya Power Generating Company Private Ltd
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- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
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- Romanian Commodities Exchange
- VISA Power Limited - India
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- Interocean Group of Companies - India
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- Electricity Authority, New Zealand
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- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
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- Central Electricity Authority - India
- Ambuja Cements Ltd - India
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- Star Paper Mills Limited - India
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- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- White Energy Company Limited
- Commonwealth Bank - Australia
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- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
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- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
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- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
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- Energy Development Corp, Philippines
- The University of Queensland
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