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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, 05 March 20
SEABORNE COAL'S STRUGGLES IN ASIA ARE MORE THAN JUST CHINA CORONAVIRUS - REUTERS
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
Thursday, 05 March 20
INDONESIA'S BUKIT ASAM 2019 OUTPUT RISES 10.2% Y/Y - REUTERS
PT Bukit Asam, Indonesia’s state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.
Coa ...
Thursday, 05 March 20
SEEING REMOTELY - IN SAFETY: BUREAU VERITAS PERFORMS FIRST SURVEY BY DRONE - BUREAU VERITAS
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection and certification (TIC) services has completed its first survey by ...
Wednesday, 04 March 20
AN EPIDEMIC OF UNCERTAINTY - THE CORONAVIRUS AND FORCE MAJEURE - WFW
KNOWLEDGE TO ELEVATE
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts ...
Wednesday, 04 March 20
CHINA IMPORTED 76.8 MLN TONNES OF CRUDE OIL FOR JANUARY & FEBRUARY 2020; UP 3.4% YOY - REFINITIV | BC
The COVID-19 crisis has been gripping China already for almost two months now. It’s having a huge negative impact on the economy, and this is ...
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- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
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- Tamil Nadu electricity Board
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- Thai Mozambique Logistica
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
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- MS Steel International - UAE
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- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Planning Commission, India
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
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