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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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Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and ener ...
Thursday, 17 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country’s ...
Wednesday, 16 October 19
INDIA CALLS FOR A RESET OF CLIMATE DEBATE ON COAL AS A FUEL - LIVEMINT
India on Tuesday called for a reset on climate debate on coal as a fuel, in the backdrop of India becoming one of the top renewable energy producer ...
Wednesday, 16 October 19
LESSONS LEARNT FROM CREW INJURED IN HEAVY WEATHER - UK P&I CLUB COMMENTS
KNOWLEDGE TO ELEVATE
Stuart Edmonston, Loss Prevention at UK P&I Club, discusses an incident in which crew were injured whilst on deck in ...
Wednesday, 16 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with re ...
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Showing 1311 to 1315 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- PTC India Limited - India
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Parliament of New Zealand
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Planning Commission, India
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
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