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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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Monday, 19 November 18
SUPRAMAX: THE BSI CONTINUED TO FALL LAST WEEK, ESPECIALLY THE ASIAN ROUTES - BALTIC BRIEFING
Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predict ...
Sunday, 18 November 18
COAL STOCKS IN A THIRD OF NTPC PLANTS CLOSE TO NIL - FINANCIAL EXPRESS
Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company&r ...
Thursday, 15 November 18
OIL MARKET REPORT: HEEDING THE WARNINGS - IEA
In last month’s Report, we noted that since the middle of the year oil supply had increased sharply, with gains in the Middle East, Russia an ...
Wednesday, 14 November 18
BIMCO ADOPTS 2020 BUNKER CLAUSES
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
...
Wednesday, 14 November 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The shipping industry is going through an interesting period across all markets. Since the end of last year, the Dry Baltic Index has been showing ...
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- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Minerals Council of Australia
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
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