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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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- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
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- Independent Power Producers Association of India
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- Petron Corporation, Philippines
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- PTC India Limited - India
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- Orica Mining Services - Indonesia
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- Africa Commodities Group - South Africa
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- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
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- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- VISA Power Limited - India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
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- Romanian Commodities Exchange
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- Pendopo Energi Batubara - Indonesia
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- Thai Mozambique Logistica
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- Planning Commission, India
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- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- MS Steel International - UAE
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- Indonesian Coal Mining Association
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- PowerSource Philippines DevCo
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- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
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- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Anglo American - United Kingdom
- White Energy Company Limited
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- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
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- SN Aboitiz Power Inc, Philippines
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- IEA Clean Coal Centre - UK
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- IHS Mccloskey Coal Group - USA
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- Neyveli Lignite Corporation Ltd, - India
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- Electricity Authority, New Zealand
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- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
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- Electricity Generating Authority of Thailand
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