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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, 15 April 16
U.S WEEKLY COAL OUTPUT FALLS ACROSS ALL BASINS - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.2 million short tons (mm ...
Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs ami ...
Thursday, 14 April 16
DRY BULKERS' PRICES COULD BE HEADING UPWARDS AS BUYERS' APPETITE INCREASES - HELLENIC SHIPPING NEWS
Investment sentiment is beginning to trend upwards in the market for second hand dry bulk carriers. According to the latest weekly report from ship ...
Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst ...
Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016.
The Director General of Mine ...
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- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- White Energy Company Limited
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Aditya Birla Group - India
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
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