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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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Wednesday, 05 August 15
SHIPPING MARKET INSIGHT - KATERINA RESTIS
On July 14th, 2015 a historical consensus was reached in Vienna between Iran and the five permanent members of the U.N. Security Council, plus Germ ...
Wednesday, 05 August 15
COAL CONSUMPTION POSTED THE STRONGEST GROWTH AMONG THE FOSSIL ENERGY SOURCES IN 2014 - VDKI
Coal 2014: again the world's fastest-growing primary energy source and an indispensable asset for the success of the energy turnaround.
Ac ...
Wednesday, 05 August 15
FOB INDONESIA THERMAL COAL SWAPS FALL
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Wednesday, 05 August 15
DRY BULKER PRICES START TO FIRM UP AS MARKET SENTIMENT IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Market pessimism in the dry bulk industry, a trend which had established itself over the course of the year, has started to fade away over the past ...
Tuesday, 04 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO FALL DUE TO SLIDING DEMAND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
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- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
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- Ministry of Mines - Canada
- Economic Council, Georgia
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- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
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- Eastern Coal Council - USA
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- Mercuria Energy - Indonesia
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- Chamber of Mines of South Africa
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- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
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- Antam Resourcindo - Indonesia
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- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
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- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
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- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
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- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
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- Electricity Authority, New Zealand
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- Independent Power Producers Association of India
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- Planning Commission, India
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- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
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- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
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- LBH Netherlands Bv - Netherlands
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- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
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- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
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- The Treasury - Australian Government
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- Singapore Mercantile Exchange
- Bhatia International Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
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- PTC India Limited - India
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- Billiton Holdings Pty Ltd - Australia
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- Edison Trading Spa - Italy
- Indian Energy Exchange, India
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- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
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- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
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- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
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