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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, 08 August 16
THE TURKISH GOVERNMENT HAS IMPOSED A $15 A TON DUTY ON POWER PLANT COAL IMPORTS - MEDIA
COALspot.com: The Turkish government has imposed a US$15 per ton duty on thermal coal imports for use in its power sector.
According to media ...
Monday, 08 August 16
THE BALTIC EXCHANGE, TRACKING RATES FOR SHIPS CARRYING DRY BULK COMMODITIES SLIDE SLIGHTLY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Panamax and Supramax segments ending in ...
Monday, 08 August 16
ARE EXPENSES INCURRED DURING NEGOTIATION OF A PIRATE RANSOM RECOVERABLE IN GENERAL AVERAGE? - CLYDE&CO
KNOWLEDGE TO ELEVATE
Facts
The laden chemical tanker LONGCHAMP was transiting the Gulf of Aden on passage to Vietnam. The ship was subject t ...
Saturday, 06 August 16
DRY BULK SHIPPING CHARTER RATES TO RISE ON UNEXPECTED DEMAND GROWTH - DREWRY
Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China impo ...
Friday, 05 August 16
WEEKLY U.S. COAL OUTPUT TOTALED AN ESTIMATED 16.1 MMST IN THE WEEK ENDED JULY 30 - EIA
COALspot.com – U.S., the world’s second largest coal producers has produced approximately totalled an estimated 16.1 million short tons ...
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- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
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- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Mercuria Energy - Indonesia
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
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