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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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Sunday, 20 January 19
OIL MARKET REPORT: A MARATHON, NOT A SPRINT - IEA
Last month, we asked if there was a floor under prices following the signing of a new Vienna Agreement that aims to re-balance the oil market. Foll ...
Thursday, 17 January 19
EIA ESTIMATES THAT U.S. COAL EXPORTS WERE 116 MMST IN 2018, 20% HIGHER THAN THE AMOUNT EXPORTED IN 2017
Coal Supply
EIA estimates that coal production declined by 20 million short tons (MMst) (3%) in 2018, despite a 19 MMst increase in U.S. coal e ...
Thursday, 17 January 19
U.S COAL OUTPUT IS EXPECTED TO FALL BY 3 PER CENT IN 2019 - EIA
EIA forecasts that U.S. coal production will total 729 million short tons (MMst) in 2019, down by 25 MMst (3%) from 2018.
Acco ...
Wednesday, 16 January 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we go through the first days of the year and just a few weeks before the Chinese New Year, the ship repair sector is witnessing a big difference ...
Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV coal for ...
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- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- The University of Queensland
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
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