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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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Friday, 10 April 15
US COAL PRODUCTION FELL 4.7% W-O-W : EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.4 million short ...
Friday, 10 April 15
DRY BULK MARKET'S DOWNFALL ALSO OFFER INVESTMENT BARGAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk market rates have fallen to historical lows over the past few weeks, with no clear path of recovery, at least in the near term. As such, m ...
Thursday, 09 April 15
CAPESIZE: RATES ARE STILL DISAPPOINTING - FEARNLEYS
Handy
The handy market had a stronger sentiment before the Easter holidays, but have as the bigger panamaxes seen a softening tendency this week. ...
Wednesday, 08 April 15
DRY BULK MARKET SEEMS UNABLE TO CATCH A BREAK - INTERMODAL
COALspot.com: The Dry Bulk market seems unable to catch a break these days.
According to Intermodal, following the market stabilization that p ...
Wednesday, 08 April 15
CHINA BURNS HALF OF THE WORLD'S COAL - CHRISTOPHER T. WHITTY
Intermodal Weekly Market Update
China is the world's largest consumer of coal, using more coal each year than the United States, the Europ ...
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- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Australian Coal Association
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
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