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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, 03 December 14
PROGRESSING SMELTER PROJECTS IN INDONESIA
Press Release: Indonesia’s ban on ‘raw mineral export’ that was designed to encouraging downstream investment in mineral processi ...
Wednesday, 03 December 14
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The dry bulk market seems unable to turn sentiment round and is still looking for direction. The BCI's 887-point free fall last week had an obv ...
Wednesday, 03 December 14
CAPESIZE DRY BULK CARRIERS ENTER 2015 WITH MIXED FORTUNES, WITH A POSITIVE AND A NEGATIVE SCENARIO BOTH EMERGING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The future of the Capesize dry bulk market appears to be engulfed from mixed “feelings” among analysts and market participants, despite ...
Tuesday, 02 December 14
KEY PLAYERS SHED NEW PERSPECTIVES ON COAL MARKETS
Press Release: Singapore’s ONLY and longest established Coal Trade event. Whilst Coal prices remain challenging, there is widespread consensu ...
Tuesday, 02 December 14
KOMIPO INVITES BIDS FOR 585,000 METRIC TONS OF COAL FOR Q1'15
COALspot.com - Korea Midland Power Co. Ltd. (KOMIPO) is inviting bids for the supply of 585,000 Metric Tons of coal. According to invitation, 5700 ...
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- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
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- Mintek Dendrill Indonesia
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- Indian Energy Exchange, India
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- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
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- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
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- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
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- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
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- Thiess Contractors Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
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