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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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Friday, 03 February 17
KOMIPO INVITES BIDS FOR 1.13 MILLION TONS OF BITUMINOUS COAL FOR Q2' 17
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 1,130,000 Metric Tons of Bituminous coal f ...
Friday, 03 February 17
U.S. WEEKLY COAL PRODUCTION DECLINED 3.9% W/W; ROSE 17.7% Y/Y
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Friday, 03 February 17
US - EXECUTIVE ORDER ON IMMIGRATION AFFECTS VESSEL CREWS - GARD
From 27 January 2017, crew members carrying Iraqi, Syrian, Sudanese, Iranian, Somalian, Libyan or Yemeni passports are temporarily barred from ente ...
Wednesday, 01 February 17
MARKET INSIGHT - PANOS TSILINGIRIS
The recent placement of LOIs for 208kdwt Newcastlemax Newbuildings at $38.5m at Private Chinese Yard identifies with the modern history low for dry ...
Tuesday, 31 January 17
A CASE OF NEW YEAR BLUES FOR THE FAR EAST? - GEORGE LAZARIDIS
Unlike the typical lull in the market that we note during the period just prior to the Chinese New Year, 2017 has proved to be fairly m ...
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- Billiton Holdings Pty Ltd - Australia
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- Minerals Council of Australia
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- The State Trading Corporation of India Ltd
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- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
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- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
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- Iligan Light & Power Inc, Philippines
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- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
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- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
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- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
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- Orica Australia Pty. Ltd.
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- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
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- Planning Commission, India
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- MS Steel International - UAE
- Meralco Power Generation, Philippines
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- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
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- European Bulk Services B.V. - Netherlands
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- Anglo American - United Kingdom
- Bhushan Steel Limited - India
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- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
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- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
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- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
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- Georgia Ports Authority, United States
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- Bangladesh Power Developement Board
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- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
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- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- The Treasury - Australian Government
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- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
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- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
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- Parliament of New Zealand
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