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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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Saturday, 31 October 15
ADARO ENERGY'S CORE EARNINGS DECLINE 21 PER CENT FOR THE NINE MONTHS PERIOD TO SEPTEMBER 2015
COALspot.com: Adaro Energy's core earnings decline 21% to US$228 Million for first 9months of this year compared to the same period last year. ...
Friday, 30 October 15
INDONESIA'S COAL EXPORTS DROP ON LOW PRICES - THE JAKARTA POST
Indonesia's coal exports significantly dropped in the first nine months of the year as coal companies continued to suffer from low prices in ad ...
Friday, 30 October 15
CHINESE MINERAL IMPORTS: MOVING ON FROM INDONESIA? - CLARKSONS
China has accounted for almost 90% of global imports of nickel ore and bauxite in recent years and was therefore heavily hit by the Indonesian mine ...
Friday, 30 October 15
COAL PRODUCTION IN THE UNITED STATES INCREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.5 million shor ...
Thursday, 29 October 15
IRAN'S RETURN TO OIL MARKETS WILL HAVE TEMPERED IMPACT FOR THE TANKER SHIPPING INDUSTRY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While many analysts appear to be fearful of a potential incremental rise in tanker ships’ supply, as a result of the imminent return of Iran ...
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- Latin American Coal - Colombia
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- GMR Energy Limited - India
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- CNBM International Corporation - China
- Tata Chemicals Ltd - India
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- Africa Commodities Group - South Africa
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- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
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- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
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- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
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- Power Finance Corporation Ltd., India
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- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
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- Economic Council, Georgia
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- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
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- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Coalindo Energy - Indonesia
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- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
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- Directorate General of MIneral and Coal - Indonesia
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- Ministry of Transport, Egypt
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- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Metalloyd Limited - United Kingdom
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- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- PTC India Limited - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
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- Anglo American - United Kingdom
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- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
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- Cigading International Bulk Terminal - Indonesia
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- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
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- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
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- Standard Chartered Bank - UAE
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- SN Aboitiz Power Inc, Philippines
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- Global Business Power Corporation, Philippines
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- Deloitte Consulting - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
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