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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, 17 September 18
GLENCORE RETURNS TO JAPAN COAL TALKS SCUPPERED BY HIGH PRICES - BLOOMBERG
Mining giant Glencore Plc and Japanese utilities have resumed thermal coal supply negotiations, restarting talks that fell apart earlier this year ...
Monday, 17 September 18
SMALL PERCENTAGE OF THE WORLD FLEET WILL FIT SCRUBBERS - FORECASTS : METTE KRONHOLM FRAENDE
In recent months, there have been numerous reports of a strong pick-up in demand for scrubbers. On 1 January 2020, however, the number of ships fit ...
Saturday, 15 September 18
POWERING SUSTAINABLE DEVELOPMENT WITH LOW EMISSION COAL TECHNOLOGIES - WCA
In its 5th Strategic Energy Plan this year (2018), the Japanese Cabinet recognised coal as an important energy resource, necessary for the country& ...
Friday, 14 September 18
10 YEARS ON FROM LEHMAN, HOW IS SHIPPING'S "HANGOVER"? - CLARKSONS RESEARCH
On 15th September 2008, the collapse of Lehman Brothers crystallised the financial crisis and the onset the worst economic downturn for a century. ...
Thursday, 13 September 18
OPEC SEES SLOWER 2019 OIL DEMAND GROWTH, WARNS ON ECONOMY
Crude Oil Price Movements
In August, the OPEC Reference Basket declined by $1.01 m-o-m, settling at $72.26/b. Crude oil futures were also down ...
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Showing 1616 to 1620 news of total 6871 |
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- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- The University of Queensland
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Kumho Petrochemical, South Korea
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