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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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Thursday, 03 March 16
BDI FURTHER STRENGTHENING; THE INCREASE IN RATES WAS NOT SUBSTANTIAL
COALspot.com: The BDI closed off on a positive note for a second week in a row, further strengthening the belief that the market might be bottoming ...
Thursday, 03 March 16
RIO TINTO COMPLETES SALE OF INTEREST IN BENGALLA JOINT VENTURE FOR US$616.7 MILLION
COALspot.com: Rio Tinto has completed the sale of its 40 per cent interest in the Bengalla coal Joint Venture in Australia to New Hope Corporation ...
Wednesday, 02 March 16
RE-EVALUATION OF MINING LICENSES CLEAN AND CLEAR STATUS IN INDONESIA
COALspot.com: In connection with the transfer of mining authority from Regents/Mayors to Governors1 and from Regents/Mayors and Governors to t ...
Wednesday, 02 March 16
OIL MY GOD.....!!!!
OIL my GOD….!!!!
The oil price “crash” that started in 2014 was caused by a glut of practically unwanted oil. Producers had be ...
Tuesday, 01 March 16
CS 42 (4200 GAR) COAL INDEX CLOSED AT US$ 27.11 A TON ON 26 FEBRUARY
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.31 percent week over week to averaging $38.77 per ton on this past Friday, ...
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- Jindal Steel & Power Ltd - India
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- Economic Council, Georgia
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- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
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- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
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- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
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- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
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- India Bulls Power Limited - India
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- Bangladesh Power Developement Board
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- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
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- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
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