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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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Thursday, 19 March 20
A CRUDE TSUNAMI: UP TO 3 MILLION BPD OF EXTRA OIL CAN HIT THE MARKET FROM APRIL, MORE COMING IN MAY - RYSTAD ENERGY
The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates. Two million bpd ...
Thursday, 19 March 20
BIMCO REVISES 2020 FORECAST FOR MAIN SHIPPING MARKETS
The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the fu ...
Thursday, 19 March 20
U.S. COAL EXPORTS DECLINED IN 2019 - EIA
In 2019, U.S. coal exports declined to 93 million short tons (MMst), a 20% decrease from the previous year, according to the U.S. Energy Informatio ...
Thursday, 19 March 20
SOUTH KOREA'S KOSPO INVITED BIDS FOR MIN 3,700 OR MIN 4,200 NCV LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO), has issued an international tender for total 160,000 MT (±10%) (80,000 x 2 Panamax) of ...
Wednesday, 18 March 20
DRY BULK: INDONESIAN COAL CARGOES PROVIDING A BIG BOOST IN THE EAST WHERE SENTIMENT FOR HANDIES ALSO STARTED IMPROVING - INTERMODAL
The BDI ended last week with small gains on the back of an encouraging number of cargoes out of key trading regions that helped sustain the reserve ...
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- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
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