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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, 26 July 22
CAP RUSSIA'S OIL PRICE NOW - PROJECT SYNDICATE
Though the price of oil has declined in recent weeks, it is still through the roof, filtering through to gasoline prices, and causing economic and ...
Tuesday, 26 July 22
WILL SOUTH AMERICA’S WINTER DEMAND DRAW LNG CARGOES AWAY FROM EUROPE? - ICIS
South America is now in the middle of its winter demand season. Last year the region increased its share of global LNG imports in winter, with Braz ...
Monday, 25 July 22
GLOBAL 2021 COAL-FIRED ELECTRICITY GENERATION SURGES TO RECORD HIGH - REUTERS
By contrast, mine output was still fractionally below the record set between 2012 and 2014 because older and less efficient coal generators have be ...
Saturday, 23 July 22
THE EU HAS BEEN REDUCING IMPORTS OF RUSSIAN REFINED OIL PRODUCTS SINCE MARCH - BANCHERO COSTA
The European Union could now ban the import and transit of fuel oil from Russia around six months ahead of the planned deadline, an EU official and ...
Saturday, 23 July 22
INDONESIA CONSIDERING SCRAPPING DOMESTIC SALES RULE FOR PALM OIL EXPORTS - REUTERS
Indonesia is considering removing a domestic sales requirement for palm oil exports because high inventories of the vegetable oil have been holding ...
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- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
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- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
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- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
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- European Bulk Services B.V. - Netherlands
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- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
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- White Energy Company Limited
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- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
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- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
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- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
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- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
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- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
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- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- PTC India Limited - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
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- Baramulti Group, Indonesia
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- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Aditya Birla Group - India
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- Agrawal Coal Company - India
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- Romanian Commodities Exchange
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- Merrill Lynch Commodities Europe
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- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
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- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
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- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
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