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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Sunday, 30 August 20
PANAMAX - THIS WEEK THE DEMAND HAS PICKED UP, BUT THE TONNAGE LIST IS INCREASING DAY BY DAY - FEARNLEYS
Cape Size
More or less flat from previous week, with cape rates moving from US$ 19,500 to 18,900 on average. West Australia however being more ...
Saturday, 29 August 20
COAL INDIA'S FUEL SUPPLY TO POWER SECTOR DROPS ABOUT 20% IN APR-JUL: PTI
State-owned Coal India”s fuel supply to the power sector registered a decline of 19.5 per cent to 126.30 million tonnes (MT) in the April-Jul ...
Saturday, 29 August 20
SOUTH KOREAN BROKERAGE FIRM KOREA INVESTMENT & SECURITIES TO STOP ALL COAL BUSINESS - KOREA HERALD
South Korean brokerage firm Korea Investment & Securities has decided to stop its investments in coal, in line with the Moon Jae-in administrat ...
Thursday, 27 August 20
KOREAN GENCOS INVITED BIDS FOR TOTAL 985,000 TONS OF BITUMINOUS COAL FOR NOVEMBER 2020 LOADING
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 985,000 ...
Thursday, 27 August 20
SOUTHEAST ASIAN NATIONS SET REGION-WIDE RENEWABLE ENERGY GOAL OF 23 PERCENT BY 2025 - ASEAN POST
The Association of Southeast Asian Nations (ASEAN) has set an ambitious target of securing 23 percent of its primary energy from renewable so ...
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- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Australian Coal Association
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- The University of Queensland
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
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