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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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Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt th ...
Wednesday, 12 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
This year’s tanker S&P activity keeps edging higher compared to the same period in 2018. Year to date we have seen some 143 ships, rangin ...
Tuesday, 11 June 19
INDONESIAN COAL PRICE REFERENCE SET AT $81.48 PER TON IN JUNE, DOWN 15.66 PERCENT YEAR-ON-YEAR
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 10 June 19
CONSECUTIVE OWNERS OF CARGO: WHO HOLDS TITLE AND THE RIGHT TO SUE? - COLIN BIGGERS & PAISLEY
KNOWLEDGE TO ELEVATE
In Tritton Resources Pty Ltd v Ever Rock Navigation S.A. [2019] FCA 276, the Federal Court considered the application of ...
Monday, 10 June 19
KOSPO INVITES BIDS FOR 1,305,000 MT OF MIN 5600 KCAL/KG NCV COAL FOR SEPT 2019 TO DEC 2021
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 435,000 MT (per year) of max 5,600 kcal/kg N ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Planning Commission, India
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
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