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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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- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
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