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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, 12 December 16
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this past week and ending on a negative note week ...
Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have ...
Thursday, 08 December 16
CHINESE COAL DEMAND WOULD BE THE KEY FACTOR THAT INFLUENCE WORLD COAL PRICES IN 2017, POLL
“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?”
The on-line opinion poll conducted by COALspot.com ...
Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax
Market remained firm - true mostly within Atlantic.
Star performer USG remained its title, where Supras reached around USD 21k ...
Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...
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- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
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- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- White Energy Company Limited
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- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
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- Jorong Barutama Greston.PT - Indonesia
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- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
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- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- India Bulls Power Limited - India
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- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
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- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- The University of Queensland
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- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Interocean Group of Companies - India
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- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
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- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
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- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
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- Cigading International Bulk Terminal - Indonesia
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- Dalmia Cement Bharat India
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
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- Grasim Industreis Ltd - India
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- VISA Power Limited - India
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- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Planning Commission, India
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- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
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- Deloitte Consulting - India
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- Barasentosa Lestari - Indonesia
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- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
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- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
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- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
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- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
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- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
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- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
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- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
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- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
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- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
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- GMR Energy Limited - India
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