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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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Saturday, 21 March 20
PANAMAX: 82,000DWT SHIP AGREED $4,250 FOR A COAL TRIP VIA INDONESIA REDELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize
The Capesize market made some headway this past week despite being buffeted by the global pandemic storm. With the market in a constan ...
Friday, 20 March 20
VOLATILITY TO INCREASE IN TANKER MARKET FOLLOWING OIL PRICE WAR - DREWRY
Crude oil prices plunged by more than a third in the past week after OPEC+ failed to agree on production cut as demand softened in the aftermath of ...
Friday, 20 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Friday, 20 March 20
OIL PRICES COULD FALL BELOW ZERO: ANALYST - FOX BUSINESS
Plunging oil prices could be headed a lot lower – possibly below zero, according to one Wall Street analyst.
West Texas Interm ...
Friday, 20 March 20
84% OF FEBRUARY BUNKER SALES IN SINGAPORE ARE LOW-SULPHUR FUELS - BIMCO
Low-sulphur fuels accounted for 84% of total February sales in Singapore, slightly up from 83% in January. The sale of low-sulphur fuel oil (LSFO) ...
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- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Planning Commission, India
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
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