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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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- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
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- Ministry of Transport, Egypt
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- Indian Energy Exchange, India
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- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
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- Central Electricity Authority - India
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- Coal and Oil Company - UAE
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- Eastern Coal Council - USA
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- Toyota Tsusho Corporation, Japan
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- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
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- Bukit Makmur.PT - Indonesia
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- Siam City Cement - Thailand
- PTC India Limited - India
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- Meenaskhi Energy Private Limited - India
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- Wilmar Investment Holdings
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- Planning Commission, India
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- TNB Fuel Sdn Bhd - Malaysia
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- Australian Coal Association
- India Bulls Power Limited - India
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- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
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- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Chamber of Mines of South Africa
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- Petron Corporation, Philippines
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- MS Steel International - UAE
- Ministry of Mines - Canada
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- Eastern Energy - Thailand
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- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
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- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
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- Tamil Nadu electricity Board
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- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
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- Minerals Council of Australia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
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- Timah Investasi Mineral - Indoneisa
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- Bulk Trading Sa - Switzerland
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- Kohat Cement Company Ltd. - Pakistan
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- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
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- Bangladesh Power Developement Board
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- Wood Mackenzie - Singapore
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- Directorate General of MIneral and Coal - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
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