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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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Wednesday, 25 March 20
CORONAVIRUS CRISIS IS CRUSHING GLOBAL GDP GROWTH - FITCH RATINGS
The coronavirus crisis is crushing global GDP growth according to Fitch Ratings in its latest quarterly “Global Economic Outlook” (GEO) ...
Wednesday, 25 March 20
MARKET INSIGHT - INTERMODAL
There is no doubt that the Covid-19 pandemic crisis is a world-shattering event that will change the world as we know it. Societies are facing chal ...
Wednesday, 25 March 20
INDONESIA TO CANCEL RULES REQUIRING DOMESTIC SHIPS FOR COAL, PALM EXPORTS : REFINITIV
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Wednesday, 25 March 20
JAN-FEB 2020, INDONESIA SHIPPED 64.5 MLN TONNES OF COAL, UP +3.4% YOY - BANCHERO COSTA
In the 12 months of calendar 2019, Indonesia exported 386.4 mln tonnes of coal, according to vessel tracking data from Refinitiv. This represents a ...
Tuesday, 24 March 20
MARKET ANALYSIS - ALLIED
As countries around the world struggle to take back control of the ongoing COVID-19 pandemic the global economy shuts down bit by bit, leaving only ...
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- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Parliament of New Zealand
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
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- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- The University of Queensland
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- PTC India Limited - India
- Aditya Birla Group - India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
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