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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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- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Latin American Coal - Colombia
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- Indonesian Coal Mining Association
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- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
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- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
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- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
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- Mjunction Services Limited - India
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- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
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- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
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- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
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- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
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- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Parliament of New Zealand
- Minerals Council of Australia
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
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