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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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Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- Indo Tambangraya Megah - Indonesia
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- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
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- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
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- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- The University of Queensland
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
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- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
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- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
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- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
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- PTC India Limited - India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
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- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
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- ICICI Bank Limited - India
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- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
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- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
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- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
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- Siam City Cement PLC, Thailand
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- GN Power Mariveles Coal Plant, Philippines
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- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
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- Sindya Power Generating Company Private Ltd
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- Sree Jayajothi Cements Limited - India
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- Energy Development Corp, Philippines
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- Agrawal Coal Company - India
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- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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