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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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Monday, 24 August 15
IS CHINA'S STEEL EXPORTS ENOUGH TO SUPPORT THE FREIGHT MARKET? - BIMCO
No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will su ...
Sunday, 23 August 15
SHIPPING FREIGHT RATES FALL SHARPLY ON EXCESS SUPPLY AND LOW DEMAND
COALspot.com: The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week.
The cape Index lost 17.25 per cent ...
Friday, 21 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION VOLUME FALLS 8.7% Y-O-Y
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.3 million shor ...
Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB ...
Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until rec ...
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- Kaltim Prima Coal - Indonesia
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- IHS Mccloskey Coal Group - USA
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- Indogreen Group - Indonesia
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- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
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- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
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- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- The University of Queensland
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- TNB Fuel Sdn Bhd - Malaysia
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- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
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- Merrill Lynch Commodities Europe
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- Singapore Mercantile Exchange
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- Mintek Dendrill Indonesia
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- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
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- Renaissance Capital - South Africa
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- Heidelberg Cement - Germany
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- Power Finance Corporation Ltd., India
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- European Bulk Services B.V. - Netherlands
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- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
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- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
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- Directorate Of Revenue Intelligence - India
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- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
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- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
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- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
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- IEA Clean Coal Centre - UK
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
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- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
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- Sree Jayajothi Cements Limited - India
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- Chamber of Mines of South Africa
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- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
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- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
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- Anglo American - United Kingdom
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Minerals Council of Australia
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- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
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- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Planning Commission, India
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- Ministry of Finance - Indonesia
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- GMR Energy Limited - India
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
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- Dalmia Cement Bharat India
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- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
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