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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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Thursday, 06 October 22
COAL INDIA ASKED TO ENHANCE SUPPLY TO THERMAL POWER PLANTS - IANS
With the festival season round the corner, Coal India Ltd. has been directed by the government to scale up dispatch to thermal power plants.
&n ...
Wednesday, 05 October 22
BUNKER PRICES DOWN AGAIN; IS THERE MORE TO COME? - INTEGR8 FUELS
It’s the economy…..”
VLSFO prices are now back to levels at the start of this year. After all the extremes of thi ...
Wednesday, 05 October 22
MARKET INSIGHT - INTERMODAL
Amid the looming western sanctions on Russia, the country is challenged to pivot its energy markets away from Europe and toward the East. Yet, Russ ...
Tuesday, 04 October 22
A REMARKABLE SHIFT IN FORTUNES HAS BEEN NOTED IN THE CRUDE OIL TANKER MARKETS - ALLIED SHIPPING
A remarkable shift in fortunes has been noted in the crude oil tanker markets over the past month, yet despite these shifts being seemingly in thei ...
Tuesday, 04 October 22
OIL PRICES COULD SOON RETURN TO $100 AS OPEC+ CONSIDERS ‘HISTORIC’ CUT, ANALYSTS SAY - CNBC
An influential alliance of some of the world’s most powerful oil producers is reportedly considering their largest output cut since the start ...
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- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- The University of Queensland
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
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