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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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Friday, 31 July 20
BOTSWANA PLANS MORE COAL-FIRED POWER AS AFRICAN SOLAR ACCELERATES - IEEFA
An African economic leader like Botswana should embrace solar to reduce subsidies and tariff hikes
As Sub-Saharan solar ambition has ...
Wednesday, 29 July 20
2019 U.S. COAL PRODUCTION FALLS TO ITS LOWEST LEVEL SINCE 1978 - EIA
In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year’s production wa ...
Wednesday, 29 July 20
MARKET INSIGHT - INTERMODAL
The dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter of 2020. The table below illustrates that appro ...
Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining ...
Monday, 27 July 20
IEEFA ENERGY FINANCE CONFERENCE 2020: COAL, LNG, PETROCHEMICAL SECTORS FACE POOR OUTLOOK AND UPHILL BATTLE FOR INVESTORS
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic
Three major fossil fuel ...
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- TeaM Sual Corporation - Philippines
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- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
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- Siam City Cement - Thailand
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- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
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- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
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- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
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- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Wood Mackenzie - Singapore
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- Antam Resourcindo - Indonesia
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- Sical Logistics Limited - India
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- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
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- Merrill Lynch Commodities Europe
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- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
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- The Treasury - Australian Government
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- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
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- Malabar Cements Ltd - India
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- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
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- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
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- Parry Sugars Refinery, India
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- Romanian Commodities Exchange
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- Krishnapatnam Port Company Ltd. - India
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- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Central Electricity Authority - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
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- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Deloitte Consulting - India
- Petron Corporation, Philippines
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Economic Council, Georgia
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
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- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
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- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
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- Mintek Dendrill Indonesia
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- White Energy Company Limited
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- Vedanta Resources Plc - India
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- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
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