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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, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...
Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
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- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
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- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
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- Electricity Authority, New Zealand
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- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
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- Independent Power Producers Association of India
- The University of Queensland
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- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
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- European Bulk Services B.V. - Netherlands
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- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
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- Sinarmas Energy and Mining - Indonesia
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- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
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- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Economic Council, Georgia
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- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- MS Steel International - UAE
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
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- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- Bhoruka Overseas - Indonesia
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- Krishnapatnam Port Company Ltd. - India
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- Sojitz Corporation - Japan
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- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
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- Medco Energi Mining Internasional
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- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
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- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Planning Commission, India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Aditya Birla Group - India
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- Jindal Steel & Power Ltd - India
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- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
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- PTC India Limited - India
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- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
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- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
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- Ministry of Mines - Canada
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- Coalindo Energy - Indonesia
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- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
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- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
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- Electricity Generating Authority of Thailand
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- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
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- Merrill Lynch Commodities Europe
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- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
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- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Australian Coal Association
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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