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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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Wednesday, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
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- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Australian Coal Association
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- MS Steel International - UAE
- The University of Queensland
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Indian Oil Corporation Limited
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- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- White Energy Company Limited
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- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
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- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
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- Minerals Council of Australia
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- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
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- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
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