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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, 07 March 16
INDONESIAN 5700 GAR COAL INDEX DECLINE $0.05 A TON WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.28 percent week over week to averaging $38.66 per ton on this past Friday, ...
Monday, 07 March 16
FREIGHT MARKET MOVING POSITIVE; ALL SEGMENTS EXCEPT CAPE SHOWING A FIRM TREND
COALspot.com: The freight market was steady this past week and showing a firm trend for all segments except for Cape index.
The Baltic Dry Ind ...
Friday, 04 March 16
GLOBAL ECONOMY'S JITTERS ARE SLOWING DOWN SHIPPING EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The global economy’s shaky condition to say the least is now hampering growth and as a result demand for shipping is slowing down, something ...
Friday, 04 March 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 109.3 MMST; 30.2% LOWER THAN THE COMPARABLE YEAR-TO-DATE COAL PRODUCTION IN 2015 - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.1 million shor ...
Thursday, 03 March 16
INDIA'S BUDGET NOT ENOUGH TO BOOST STEELMAKERS' PROFITABILITY - FITCH RATINGS
COALspot.com: Fitch Ratings says that increase in proposed infrastructure spending in India's latest government budget is unlikely to provide a ...
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- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- PTC India Limited - India
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
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