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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, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Jindal Steel & Power Ltd - India
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- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
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- SMC Global Power, Philippines
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- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
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- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
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- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- Aditya Birla Group - India
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- Eastern Energy - Thailand
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- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
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- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
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- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
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- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
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- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
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- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
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- New Zealand Coal & Carbon
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- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
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- Videocon Industries ltd - India
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
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- Baramulti Group, Indonesia
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- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
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- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
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- Australian Commodity Traders Exchange
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- Indonesian Coal Mining Association
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- Thiess Contractors Indonesia
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- Bukit Baiduri Energy - Indonesia
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