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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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Monday, 04 November 19
COAL INDIA'S OCTOBER PRODUCTION MAY FALL 20% - PTI
Coal India’s production in October is likely to be 19-20 per cent lower at about 40 million tonne, as compared to 49.77 million tonne produce ...
Monday, 04 November 19
PANAMAX: WEAKER SENTIMENTS CONTINUED FROM LAST WEEK, WITH RATES FURTHER SOFTENING IN BOTH BASINS - BALTIC BRIEFING
Capesize
The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, t ...
Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,30 ...
Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
Southeast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, ...
Monday, 28 October 19
ULTRAMAX: ASIA RATES REMAINED UNDER PRESSURE WITH THE NORTH LACKING FRESH ENQUIRY - BALTIC BRIEFING
Capesize
The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop ...
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- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
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- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
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- Economic Council, Georgia
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
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- Trasteel International SA, Italy
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- Merrill Lynch Commodities Europe
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- IHS Mccloskey Coal Group - USA
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- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Australian Coal Association
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- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Xindia Steels Limited - India
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- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
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- Renaissance Capital - South Africa
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- Tata Chemicals Ltd - India
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- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
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- Indika Energy - Indonesia
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- Mercator Lines Limited - India
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
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- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Baramulti Group, Indonesia
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- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Chamber of Mines of South Africa
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- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
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- Alfred C Toepfer International GmbH - Germany
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- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Planning Commission, India
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- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- Directorate Of Revenue Intelligence - India
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- Thai Mozambique Logistica
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- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
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- Siam City Cement PLC, Thailand
- Parliament of New Zealand
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