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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, 30 December 18
MAJOR LNG BUYERS' UNCONTRACTED DEMAND TO QUADRUPLE BY 2030 - WOOD MACKENZIE
Wood Mackenzie’s latest research reveals that uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 million ...
Saturday, 29 December 18
DELIVERY OF CARGO WITHOUT PRODUCTION OF THE ORIGINAL BILL OF LADING - TT CLUB
KNOWLEDGE TO ELEVATE
As the bill of lading is a document of title, a person presenting it to the carrier or its agent is ostensibly entitled t ...
Friday, 28 December 18
BIMCO 2020 SULPHUR CLAUSES: "A FAIR ALLOCATION OF RESPONSIBILITIES AND LIABILITIES'? - INCE & CO.
To assist owners and charterers to address the legal issues arising under any time charterparties, which will span the 1 January 2020 implementatio ...
Thursday, 27 December 18
DRY BULKERS SPOT FREIGHT MARKET W/E 21 DEC - ALLIED SHIPBROKING
Capesize
A negative week for the Capesize sector, as activity remained at low levels, especially in the Pacific, with rumors regarding agreed r ...
Thursday, 27 December 18
SHIPPING IS ENTERING A NEW ERA OF EVER CHALLENGING CONDITIONS - ALLIED
As we move closer to the end of the year and we look forward into New Year, we are still finding ourselves looking deep into a market outlook full ...
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Showing 1511 to 1515 news of total 6871 |
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- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- PTC India Limited - India
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Planning Commission, India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
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