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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Monday, 20 April 15
Q4' 2015 API 8 CFR SOUTH CHINA COAL SWAP CLOSED US$ 50.28 PMT
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 4.03 (-7.28%) per MT month over month and US$ 0.05 (-0 ...
Sunday, 19 April 15
THE OCEAN FREIGHT MARKET SHOWED STEADY THIS WEEK
COALspot.com: The freight market was fairly steady this week. The BDI was up 2.93% to 597 points week over week. The cape index was also increased ...
Friday, 17 April 15
IHS ENERGY EUROPEAN COAL OUTLOOK CONFERENCE
Attend the IHS Energy European Coal Outlook Conference 19-20 May in Nice, France and learn about timely concerns in today’s coal industry.
...
Friday, 17 April 15
COAL PRODUCTION IN THE U.S. UP THIS PAST WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 18.0 million short ...
Thursday, 16 April 15
NEW COMMODITY SUPERHIGHWAY WILL EMERGE IN CHINA, ALTERING ENERGY TRADE FLOWS - WOOD MACKENZIE
Wood Mackenzie says that China’s Go West strategy – encouraging coastal to inland flow of capital and people - will result in the forma ...
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- Rashtriya Ispat Nigam Limited - India
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- London Commodity Brokers - England
- India Bulls Power Limited - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
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- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
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- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
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- Wood Mackenzie - Singapore
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- IHS Mccloskey Coal Group - USA
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- Indonesian Coal Mining Association
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- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
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- Videocon Industries ltd - India
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- Binh Thuan Hamico - Vietnam
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- Romanian Commodities Exchange
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- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
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- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
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- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
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- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
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- Wilmar Investment Holdings
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- Antam Resourcindo - Indonesia
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- White Energy Company Limited
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
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- Posco Energy - South Korea
- Singapore Mercantile Exchange
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- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
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- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
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- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
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- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
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- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
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- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
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- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
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- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
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- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
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- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
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