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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, 18 February 23
PAKISTAN PLANS TO QUADRUPLE DOMESTIC COAL-FIRED POWER, MOVE AWAY FROM GAS - REUTERS
Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming ...
Saturday, 18 February 23
2023 MARINE FUEL MARKET PREDICTIONS - JOHN BERGMAN, AURAMARINE
The drive for decarbonisation we witnessed in 2022 has continued into 2023, demonstrating the shipping’s industry positive strides in the fas ...
Saturday, 28 January 23
COAL GROWTH BLIP NOT TO BE REPEATED - BALTIC EXCHANGE
As 2022 drew to a close, global coal demand looked set to end the year just 1.2% up on the previous year. But that small increase was enough to pus ...
Thursday, 26 January 23
CHINA'S COAL OUTPUT INCREASES IN DECEMBER 2022 - XINHUA
China’s raw coal output posted stable expansion in December 2022, official data showed.
The country produced 400 million tonne ...
Thursday, 26 January 23
COKING COAL NARROWS THE GAP ON THERMAL AS CHINA REOPENS - REUTERS
The premium of high-grade thermal coal over coking coal in Asia is shrinking as China’s re-opening and ending of a ban on imports from Austra ...
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- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
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- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
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- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
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- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
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- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
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- Central Java Power - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Wilmar Investment Holdings
- Planning Commission, India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
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- Directorate General of MIneral and Coal - Indonesia
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- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
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- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
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- IEA Clean Coal Centre - UK
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- CIMB Investment Bank - Malaysia
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- Sarangani Energy Corporation, Philippines
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- India Bulls Power Limited - India
- Sojitz Corporation - Japan
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- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Minerals Council of Australia
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- TeaM Sual Corporation - Philippines
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- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
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- Renaissance Capital - South Africa
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