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