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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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Wednesday, 07 January 15
FUEL EFFICIENT SHIPS MAKE LESS SENSE IN LOWER BUNKER PRICE MARKET, BUT FUEL COSTS ARE BOUND TO RISE AGAIN
The shipping industry entered 2015 on mixed emotions, as a relatively buoyant tanker market is met by a rather lackluster dry bulk market. Still, a ...
Wednesday, 07 January 15
2015 IS RIDDLED WITH CHALLENGES FOR THE SHIPPING SECTOR, MOST NOTABLY THE DRY BULK MARKET - HELLENIC SHIPPING NEWS
As the new year has now set foot for real, many are still looking to detect what’s in store for the various shipping markets, with the first ...
Tuesday, 06 January 15
SHIPPING MUST ADOPT CAN-DO ATTITUDE IN 2015 - MOORE STEPHENS
Shipping needs to adopt a can-do attitude in order to successfully meet the challenges which are likely to come its way in 2015.
Shipping part ...
Tuesday, 06 January 15
Q4' 15 FOB INDONESIA COAL SWAP CLOSED 1.81% HIGHER COMPARED TO Q1' 15 CLOSING
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 0.74 (-1.51%) m ...
Tuesday, 06 January 15
FOB RICHARDS BAY COAL SWAPS LOST W-O-W AND M-O-M, SGX DATA SHOWS
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 3.52 (-5. ...
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- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Economic Council, Georgia
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Planning Commission, India
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- The University of Queensland
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
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