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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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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
...
Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...
Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...
Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...
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- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
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