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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, 01 February 20
THERMAL COAL MARKETS: 5 TRENDS TO WATCH OUT FOR IN 2020 - MINING REVIEW
The seaborne thermal coal market entered the year challenged by low priced LNG in the Atlantic and rapidly increasing supply in the Pacific.
&n ...
Saturday, 01 February 20
COAL IS NOT GOING ANYWHERE - MINING REVIEW
The coal sector is living under the constant threat of being blamed by environmentalists as being responsible for a world disaster called global wa ...
Saturday, 01 February 20
CIL PRODUCTION TO NOT EXCEED 640 MILLION TON IN FY20: OFFICIAL - PTI
Hit by disruptions due to a prolonged monsoon, mining major Coal India Ltd’s production in the current fiscal will not exceed 640 million ton ...
Saturday, 01 February 20
WHO PAYS FOR IMO 2020? - FREIGHT WAVES
The United Nations’ International Maritime Organization (IMO) implemented its low-sulfur fuel mandate on January 1, 2020. Full enforcement be ...
Friday, 31 January 20
EIA EXPECTS U.S. ELECTRICITY GENERATION FROM RENEWABLES TO SOON SURPASS NUCLEAR AND COAL
In the latest long-term projections, the U.S Energy Information Administration (EIA) projects electricity generation from renewable sources such as ...
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- Pipit Mutiara Jaya. PT, Indonesia
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- Indian Energy Exchange, India
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- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
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- Bulk Trading Sa - Switzerland
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- McConnell Dowell - Australia
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- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
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- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
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- Anglo American - United Kingdom
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- Australian Coal Association
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- CNBM International Corporation - China
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- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
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- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Planning Commission, India
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- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
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- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
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- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
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- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- Manunggal Multi Energi - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
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- SMC Global Power, Philippines
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- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Star Paper Mills Limited - India
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- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
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- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- IEA Clean Coal Centre - UK
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- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Interocean Group of Companies - India
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- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
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- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
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- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
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- The Treasury - Australian Government
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- Therma Luzon, Inc, Philippines
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