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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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- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- PTC India Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
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