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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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Tuesday, 30 December 14
INDIA INC TO BENEFIT AS IMPORTED COAL PRICES SET TO FALL - RAHUL PRITHIANI
The Hindu: India‘s coal import volumes are set to rise by over 30 per cent over the next two years to 214 million tonnes in 2015-16, as domes ...
Tuesday, 30 December 14
U.S WEEKLY COAL PRODUCTION ALMOST FLAT AT -0.2%
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.8 million short tons (mmst) of coal ...
Monday, 29 December 14
CHINESE COAL IMPORTS: REGULATORY RISKS? - CLARKSONS
In recent years, Chinese seaborne coal imports have surged, registering average growth of 67% p.a. between 2009 and 2013 to total 265mt. However, t ...
Monday, 29 December 14
BULK MARKET ENDS YEAR ON SOUR NOTE, SHIPBROKER SEES 'BUMPY ROAD AHEAD' - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2014 was supposed to be the year that the dry bulk market would stage a comeback and a sustainable one for that matter. However, while for the most ...
Monday, 29 December 14
Q1'15 CFR SOUTH CHINA COAL SWAP CLOSED AT $59.42
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3.51 (-5.58%) month over month and US$ 0.08 (-0.13%) ...
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- Rashtriya Ispat Nigam Limited - India
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- Bhoruka Overseas - Indonesia
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- The State Trading Corporation of India Ltd
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- Wood Mackenzie - Singapore
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- PNOC Exploration Corporation - Philippines
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- Anglo American - United Kingdom
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- Binh Thuan Hamico - Vietnam
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- Australian Coal Association
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- Marubeni Corporation - India
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- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
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- Power Finance Corporation Ltd., India
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- Planning Commission, India
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
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- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
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- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
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- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
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- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
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- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
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- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Attock Cement Pakistan Limited
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- Economic Council, Georgia
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
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- Ministry of Mines - Canada
- Independent Power Producers Association of India
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- GN Power Mariveles Coal Plant, Philippines
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- Alfred C Toepfer International GmbH - Germany
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- OPG Power Generation Pvt Ltd - India
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- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
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- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
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- Standard Chartered Bank - UAE
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- Indonesian Coal Mining Association
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- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
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- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
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- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Barasentosa Lestari - Indonesia
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