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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, 01 May 20
GLOBAL COAL DEMAND TO FALL BY 8% IN Q1 2020 RELATIVE TO Q1 2019 - IEA
We expect global coal demand to fall by 8% in Q1 2020 relative to Q1 2019. This significant drop was driven by lower demand in the electricity sect ...
Friday, 01 May 20
LUKOIL SHARES LUBRICANT EXPERIENCE AFTER FIRST 100 DAYS OF OPERATION ON VLSFO
KNOWLEDGE TO ELEVATE
After 100 days of VLSFO operation, LUKOIL Marine Lubricants is sharing recent experience on VLSFO operation with NAVIGO M ...
Wednesday, 29 April 20
OIL CLOSES IN ON PEAK OVERSUPPLY - WOOD MACKENZIE
Are we now deep in the abyss? Up to our necks in it, if the oil price is any guide. Brent has now tested sub-US$20/bbl in this downturn and WTI sub ...
Monday, 27 April 20
INCIDENT INVESTIGATION: SEARCH FOR THE CAUSE, NOT THE VILLAIN - GARD
Incident investigations often conclude with placing the blame for an incident on the crew. Causes of the incidents are usually identified as proced ...
Monday, 27 April 20
A 58,000DWT VESSEL WAS FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY WC INDIA, AT $4,500 - BALTIC BRIEFING
Capesize
The tide turned this week for the Capesize market, as voyage rates registered dramatically falling fuel costs. This was led primarily ...
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- Kaltim Prima Coal - Indonesia
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- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
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- Cement Manufacturers Association - India
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- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Australian Coal Association
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- The University of Queensland
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
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- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
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- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
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- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
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- New Zealand Coal & Carbon
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- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Minerals Council of Australia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
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- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
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