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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, 13 July 15
THE DRY BULK MARKET CLOSED ON A POSITIVE TONE THIS PAST WEEK
COALspot.com: Despite Greece crisis and turmoil in the stock market across the world , the freight market overall was firm and up in all segments t ...
Sunday, 12 July 15
SHIPYARD NOT LIABLE FOR ENGINE ROOM FIRE CAUSED BY OIL LEAKAGE - BIRCH WINDAHL
KNOWLEDGE TO ELEVATE
A Danish vessel owner requested a Danish shipyard to undertake repairs and maintenance works on its vessel. An agreement ...
Saturday, 11 July 15
MAJOR IRANIAN GAS EXPORTS WILL TAKE AT LEAST FIVE YEARS - FITCH
Iran has the long-term potential to become one of the world's top gas producers, thanks to its 34 trillion cubic meters (tcm) of natural gas re ...
Friday, 10 July 15
DRY BULK MARKET KEEPS POSITIVE MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its positive momentum over the course of the past few days, thanks to Panamax gains. During yesterday’s session ...
Friday, 10 July 15
U.S PRODUCED APPROXIMATELY TOTALED AN ESTIMATED 14.1 MMST WEEK OVER WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 14.1 million short ...
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- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
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