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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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Thursday, 12 February 15
DRY BULK OWNERS SCRAP MORE VESSELS, AS MARKET REACHES HISTORICAL LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has reached historical lows this week, with the Baltic Dry Index (BDI) now trading at levels below operating expense levels for ...
Thursday, 12 February 15
INDONESIAN COAL PRICE REFERENCE INCHED DOWN 1.44% IN FEBRUARY
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal bench mark price this month to US$ 62.92 pe ...
Thursday, 12 February 15
NEWBUILDING ORDERING ACTIVITY DRAGS ON, AS OWNERS ARE LOOKING FOR LOWER PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners appear to be waiting for lower prices in their dealings with Asian shipyards, as the dry bulk market is at historical lows. According t ...
Wednesday, 11 February 15
DRY BULK MARKET REMAINED UNDER PRESSURE : STABILIZING CAPE MARKET HARDLY HELPED SENTIMENT
COALspot.com: The Dry Bulk market remained under pressure last week, while the stabilizing Cape market hardly helped sentiment.
Greece based s ...
Wednesday, 11 February 15
BDI HITTING THE ALL-TIME LOW; FFA MARKETS NOT SHOWING ANY POSITIVE SIGNS
With the BDI hitting the all-time low and with FFA markets not showing any positive signs for a possible recovery in the near future, pessimism is ...
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- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
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