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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, 23 January 20
AFRICAN POWER PLATFORM PUBLISHES REPORTS ON POWER SECTOR FRAMEWORK FOR SELECTED AFRICAN COUNTRIES
Press Release: African Power Platform publishes Reports on Power Sector Framework for selected African Countries
With the repo ...
Thursday, 23 January 20
COAL-BASED ELECTRICITY GENERATION SURGES 95% IN 2019 - PROFIT PAKISTAN TODAY
Coal-based power generation jumped 94.5 percent to 2,030 Gigawatt hours (GWh) in the year to November 2019, taking its share in the country’s ...
Wednesday, 22 January 20
INDIA: COAL PRODUCTION FROM CAPTIVE MINES RAISES 24% OUTPUT IN APRIL TO DECEMBER - FINANCIAL EXPRESS
Coal production from captive mines in the first nine months of the ongoing financial year was up 24% year-on-year (y-o-y) at 40.93 million tonne (M ...
Wednesday, 22 January 20
SHIPPING MARKET INSIGHT - INTERMODAL
It seems that we are finally seeing whitish smoke as far as the trade feud between the US and China is concerned, while following this much anticip ...
Tuesday, 21 January 20
IRON ORE - 5 THINGS TO WATCH IN 2020 - WOOD MACKENZIE
Wood Mackenzie identifies five trends that will impact the iron ore industry.
Slower demand growth (especially in China) and a decen ...
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- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
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- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
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- Mercator Lines Limited - India
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- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
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- Economic Council, Georgia
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- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
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- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
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- Pipit Mutiara Jaya. PT, Indonesia
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- ASAPP Information Group - India
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- Eastern Coal Council - USA
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- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- White Energy Company Limited
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- Australian Commodity Traders Exchange
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- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
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- Larsen & Toubro Limited - India
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- Kaltim Prima Coal - Indonesia
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- Mjunction Services Limited - India
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- San Jose City I Power Corp, Philippines
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- Energy Development Corp, Philippines
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- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
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- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
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- Orica Australia Pty. Ltd.
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- Rashtriya Ispat Nigam Limited - India
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- Electricity Authority, New Zealand
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- India Bulls Power Limited - India
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- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
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- Pendopo Energi Batubara - Indonesia
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- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
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- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
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- Directorate General of MIneral and Coal - Indonesia
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- Chamber of Mines of South Africa
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