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