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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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Tuesday, 18 December 18
COAL OUTLOOK BULLISH DESPITE WEAK CHINESE IMPORT DATA - HEREN, ICIS
Coal prices may appreciate over the remainder of 2018 even despite recent data showing falling imports from the world’s largest producer and ...
Tuesday, 18 December 18
TOBA BARA ACQUIRES SHARES OF PT BATU HITAM PERKASA
PT Toba Bara Sejahtra Tbk, through its subsidiary PT Toba Bara Energi (“TBE”), has acquired shares ...
Monday, 17 December 18
SUPRAMAX THERE WAS STRONGER DEMAND FROM SOUTHEAST ASIA, WITH MORE COAL BEING SHIPPED - BALTIC BRIEFING
Capesize
A positive end to last week after a somewhat uncertain start as some gains made were eroded. Rates recovered later for West Australia/ ...
Monday, 17 December 18
SOUTH KOREA STATE-OWNED UTILITY KOREA EAST-WEST POWER CO. LTD ISSUED A TENDER FOR MAX 3.220 MILLION TONS OF 4200 TO 5900 NAR COAL
COALspot.com: South Korea state-owned utility Korea East-West Power Co. Ltd (EWP) issued a tender for max 3,220,000 Metric Tons of coal to be loade ...
Saturday, 15 December 18
COMING CHANGES IN MARINE FUEL SULFUR LIMITS WILL AFFECT GLOBAL OIL MARKETS - EIA
International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operat ...
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- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- White Energy Company Limited
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- Medco Energi Mining Internasional
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- Planning Commission, India
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- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
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- Bulk Trading Sa - Switzerland
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- Global Coal Blending Company Limited - Australia
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- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
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- Thai Mozambique Logistica
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- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
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- Indonesian Coal Mining Association
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- IHS Mccloskey Coal Group - USA
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- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bukit Asam (Persero) Tbk - Indonesia
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- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
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- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
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- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
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- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Posco Energy - South Korea
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
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- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Iligan Light & Power Inc, Philippines
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- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
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- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Economic Council, Georgia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
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- Meralco Power Generation, Philippines
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- Thiess Contractors Indonesia
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- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
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- PTC India Limited - India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
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- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
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- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
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- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
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- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
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- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
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- Interocean Group of Companies - India
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- The University of Queensland
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- Australian Commodity Traders Exchange
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