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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, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...
Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.
The ...
Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023
Oil prices came under some pressure yesterday with ICE Brent settling a litt ...
Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...
Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...
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- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
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- Meenaskhi Energy Private Limited - India
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- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
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- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
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- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
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- International Coal Ventures Pvt Ltd - India
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- Directorate Of Revenue Intelligence - India
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- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
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- Star Paper Mills Limited - India
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- Marubeni Corporation - India
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- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
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- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
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- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
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- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
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- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Indian Energy Exchange, India
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- Sakthi Sugars Limited - India
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- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
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- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
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- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Ceylon Electricity Board - Sri Lanka
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- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
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