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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, 12 January 15
SHIPPING - CHALLENGES AND RESOLUTIONS - EVA TZIMA
Last year has without a doubt been another challenging one both for both our industry and our country. As Greece is currently dominated by election ...
Sunday, 11 January 15
BDI DECLINED 8% ON WEEK; BCI LOST 31%
COALspot.com: The BDI continued its decline in the first week of this year or lost 8 pct week over week. The BDI was closed at 709 points whi ...
Friday, 09 January 15
U.S. EASTERN SPOT STEAM COAL PRICES FELL IN 2014; ROSE IN WEST - EIA
U.S. Eastern spot steam coal prices declined in 2014 compared to 2013 levels because of a decline in steam coal exports.
According to U.S. Ene ...
Friday, 09 January 15
WEEKLY U.S. COAL PRODUCTION UP AN ESTIMATED 2.2% Y-O-Y
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.6 million short tons (mmst) of coal ...
Thursday, 08 January 15
INDONESIA PRESSES ON WITH HIGHER COAL ROYALTY FEE TO BOOST STATE REVENUE - JG
The Indonesian government is pressing on with its plan to raise the royalty charged to coal miners in order to increase state revenue, but the move ...
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- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- CNBM International Corporation - China
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- The University of Queensland
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
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