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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, 18 March 20
SHIPPING MARKET INSIGHT - INTERMODAL
Despite we all knew about the Covid-19 weeks ago, few could realize the size of the thread until the last few days. The examples of China and Italy ...
Tuesday, 17 March 20
IT IS NOW UNQUESTIONABLE THAT 2020 WILL BE A MILESTONE YEAR FOR THE OIL MARKET, AS WELL AS THE WHOLE GLOBAL ECONOMY - ALLIED
It is now unquestionable that 2020 will be a milestone year for the oil market, as well as the whole global economy. The impact from the COVID-19 o ...
Tuesday, 17 March 20
PRELIMINARY FIELD EXPERIENCES ON THE EFFECTS OF LSFO AND VLSFO ON CYLINDER CONDITION - HANS JENSEN LUBRICATORS
It is now more than two months since the 0.5% sulphur cap entered into force, which have affected the operation of more than 70,000 vessels. As ant ...
Monday, 16 March 20
ULTRAMAX: S8 INDONESIA-INDIA AND S10 INDONESIA-CHINA ROUTES BOTH POSTED GAINS OF $1,412, AND $1,289 ON THE WEEK, TO CLOSE AT $5,575, AND $6,089 RESPECTIVELY - BALTIC BRIEFING
Capesize
The Capesize market came to work on Monday, with little expectation, or confidence, that the days ahead were going to bring anything o ...
Sunday, 15 March 20
CAPTIVE COAL OUTPUT RISES 19% IN APRIL-FEBRUARY - FINANCIAL EXPRESS
Coal production from captive mines in the first eleven months of the ongoing fiscal have increased by 18.8% year-on-year (y-o-y) to 51.7 million to ...
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- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Planning Commission, India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- PTC India Limited - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
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