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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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Tuesday, 29 November 16
US WEEKLY COAL OUTPUT TOTALS 17.2 MMST, UP 2.8% : EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17.2 million short ton ...
Monday, 28 November 16
BALTIC DRY INDEX FALLS TO 1181 POINT, DOWN 76 POINTS W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities down slightly and ending in a negative note this past wee ...
Thursday, 24 November 16
SUPRAMAX: SOUTH AFRICA STILL STRONG WITH OWNERS ACHIEVING AROUND USD 14-15K FOR TRIPS EAST - FEARNLEYS
Supramax
A positive kick-off in both the Atlantic and the Pacific. Very healthy rates within USG, some supras receiving well over 20k for trips t ...
Wednesday, 23 November 16
MARKET INSIGHT - CHRISTOPHER THOMAS WHITTY
The Organization of the Petroleum Exporting Countries (OPEC) is due to finalize a reduction in total production at its next scheduled meeting in Vi ...
Tuesday, 22 November 16
ITALY'S STEAM COAL IMPORTS EXPECTED TO DECLINE 7% Y/Y TO 15 MILLION TONS IN 2017 - ITALIAN COAL ASSOCIATION
Italy’s steam coal imports expected to decline to 15 million tons in 2017, or 7% less imports compared to 2016. The coking coal imports are e ...
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- PTC India Limited - India
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- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
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- Romanian Commodities Exchange
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Economic Council, Georgia
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- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
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- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
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- Tata Chemicals Ltd - India
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- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Australian Coal Association
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- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
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- OPG Power Generation Pvt Ltd - India
- The University of Queensland
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- Kumho Petrochemical, South Korea
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- Alfred C Toepfer International GmbH - Germany
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- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
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- Bukit Asam (Persero) Tbk - Indonesia
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- Attock Cement Pakistan Limited
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- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
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- Renaissance Capital - South Africa
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
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- Vedanta Resources Plc - India
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- Bhoruka Overseas - Indonesia
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- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
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- White Energy Company Limited
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
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- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
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- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
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- Samtan Co., Ltd - South Korea
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- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
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