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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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Sunday, 23 November 14
ITALY'S STEAM COAL IMPORTS TO DROP BY 11% IN 2014 - ASSOCARBONI
COALspot.com: Italy’s steam coal imports expected to drop to 16 million tons in 2014 (-11% compared to 2013); coking coal imports to plunge t ...
Saturday, 22 November 14
THE FALL IN BUNKER PRICES REDUCE FUEL COSTS SIGNIFICANTLY - BIMCO, PETER SAND
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as USD 1 million a year if current price level st ...
Saturday, 22 November 14
DRY BULKERS NEWBUILDING DELIVERIES REACHED 11.8 MILLION DWT DURING THIRD QUARTER, NET FLEET GROWTH FOR 2014 TO REACH 5% - HELLENIC SHIPPING NEWS
The dry bulk market has rebounded since its less than impressive performance since the start of the year, but overall, third quarter figures could ...
Friday, 21 November 14
BUMI ENTERS INTO CONDITIONAL SALE & PURCHASE AGREEMENT TO SELL FBS STAKE
COALspot.com: PT Bumi Resources Tbk, one of the Indonesia's largest coal producers confirms that it has executed a Conditional Sale and Purchas ...
Friday, 21 November 14
U.S LAST WEEK'S COAL PRODUCTION STAYS FLAT W-O-W
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
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- Kaltim Prima Coal - Indonesia
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- Coal and Oil Company - UAE
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- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
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- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
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- Eastern Energy - Thailand
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- TeaM Sual Corporation - Philippines
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- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
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- Sojitz Corporation - Japan
- Sical Logistics Limited - India
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- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
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- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
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- Samtan Co., Ltd - South Korea
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- White Energy Company Limited
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- Orica Mining Services - Indonesia
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- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- The Treasury - Australian Government
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- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
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- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
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- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
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- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
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- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
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- Australian Coal Association
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- Pipit Mutiara Jaya. PT, Indonesia
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- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
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- Economic Council, Georgia
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- Planning Commission, India
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- Goldman Sachs - Singapore
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- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Minerals Council of Australia
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- Chamber of Mines of South Africa
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- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
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