We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 07 April 16
PANAMAX RATES ARE FIRMING IN BOTH HEMISHEPHERES - FEARNLEYS
Capesize
With a great volume our of west Australia, rates were finally moving to upper 3's. and stabilizing towards the middle of the week in ...
Thursday, 07 April 16
BIMCO AND GIIGNL PUBLISH A GROUNDBREAKING VOYAGE CHARTER PARTY FOR LNG TRADE
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party & ...
Wednesday, 06 April 16
HOW LONG SHIPPING CRISIS WILL BE; WHEN SHOULD OWNERS EXPECT THE BULK CARRIERS TO BECOME PROFITABLE? - INTERMODAL
It is the consensus that dry bulk shipping has been in a crisis for quite some time now. Bulk carrier values are at historical low levels, therefor ...
Tuesday, 05 April 16
DRY BULK REVISITS 1980S LOWS AND FACES UNCERTAIN LONGER TERM OUTLOOK - MSI | HELLENIC SHIPPING NEWS
With the market near bottom, attention is turning to the length of the downturn, the effect on asset values and the impact of broader demand side c ...
Monday, 04 April 16
THE LOADING, AND SUBSEQUENT DISCHARGE, OF UNSAFE NICKEL ORE - ALL TIME TO 'COUNT' - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a recent, published, London arbitration award the English tribunal has held that all time lost as a result of loading, ...
|
|
|
Showing 2491 to 2495 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Planning Commission, India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Australian Coal Association
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- VISA Power Limited - India
- Mercator Lines Limited - India
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
|
| |
| |
|