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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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Tuesday, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk ...
Tuesday, 23 August 22
SHIPPING: GLOBAL TAX REFORM - WATSON FARLEY & WILLIAMS
OECD rules designed to implement a global minimum corporate tax rate for very large multinational groups have now been published and are expected t ...
Tuesday, 23 August 22
PARTIES CONCLUDE JOINT R&D AGREEMENT FOR WORLD’S FIRST AMMONIA FLOATING STORAGE AND REGASIFICATION BARGE CONTRIBUTING TO PROMOTING THE EARLY INTRODUCTION OF AMMONIA FUEL - NYK
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercializ ...
Monday, 22 August 22
INDONESIAN GOVERNMENT IMPOSED ON NEW PROGRESSIVE ROYALTIES FOR COAL
Indonesian President Joko Widodo has signed a Government Regulation (Number 26 of 2022) on 15 August 2022 related to the progressive royalty rates ...
Monday, 22 August 22
CHINA'S JULY RUSSIAN COAL IMPORTS HIT 5-YR HIGH AS WEST SHUNS MOSCOW - REUTERS
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted c ...
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- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Agrawal Coal Company - India
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- PTC India Limited - India
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
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