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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Friday, 05 August 16
CAPESIZE : RATES ARE REMAINING AT DEPRESSING LEVELS DUE TO LACK OF FRESH CARGOES - FEARNLEYS
Supramax
Last week has been one of the slowest for some time with rates under pressure in most areas.
In its latest weekly report, shipbroke ...
Thursday, 04 August 16
INDONESIAN COAL PRICES ARE STARTING TO ZOOM HIGHER; HBA ROSE 10.13% TO US$ 58.37 PER TON
COALspot.com: The Indonesia coal benchmark price hits to its highest level since August 2015.
The Director General of Mineral and Coa ...
Thursday, 04 August 16
BREXIT: IMPLICATIONS FOR GLOBAL SHIPPING AND SEA TRADE - EVERSHEDS
The buzzword for the post-Brexit landscape both in Europe and further afield is ‘uncertainty’. No-one really knows the long term effect ...
Wednesday, 03 August 16
RECAAP INFORMATION SHARING CENTRE ISSUES SPECIAL REPORT ON THE ABDUCTING OF CREW FROM SHIPS IN WATERS OFF EASTERN SABAH AND SOUTHERN PHILIPPINES - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In the light of three incidents where the crew of tug boats were abducted in the waters off Eastern Sabah and Southern Ph ...
Wednesday, 03 August 16
SHIPPING MARKET INSIGHT - EVA TZIMA
The Good…
Demand. Amidst all the unprecedented geopolitical turmoil and shifts in the likes of Brexit, the IMF lowered last month its glob ...
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- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- The University of Queensland
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Planning Commission, India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
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