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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, 23 July 22
STABILITY OF RUSSIAN GAS FLOWS REMAIN UNCERTAIN, DESPITE THE REOPENING OF NORD STREAM - WOOD MACKENZIE
Gazprom confirmed today that regular annual maintenance of Nord Stream is officially over and gas flows restarted at 63 million cubic metres per da ...
Friday, 22 July 22
MARKET INSIGHT - INTERMODAL
Faced with uncertainty regarding the most cost-efficient alternative fuels and the future dominant method to reduce their greenhouse emissions, man ...
Friday, 22 July 22
YANCOAL AUSTRALIA CUTS 2022 COAL OUTPUT VIEW AS FLOODS, COVID BITE - REUTERS
Coal miner Yancoal Australia Ltd YAL.AX cut its 2022 output forecast on Wednesday, signalling a hit from higher-than-expected rainfall, COVID-19-le ...
Wednesday, 20 July 22
BOOST FOR BIOFUELS AS IMO REMOVES REGULATORY HURDLE - GARD
MARPOL Annex VI regulations were written for petroleum derived fuels but also apply to biofuels. It has been a challenge to meet the regulatory req ...
Wednesday, 20 July 22
INDONESIA’S COAL EXPORTS TO THE EU INCREASED SIGNIFICANTLY RECENTLY
European countries have increased coal imports from Indonesia due to the energy crisis that hit the region after Russia cuts gas exports to Europe. ...
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- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Parliament of New Zealand
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
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