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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, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...
Friday, 18 July 14
3RD CHINA INTERNATIONAL SHALE GAS SUMMIT
Building on the massive success of the past 2 shale gas programs that has generated huge success by attracting 500+ industry players, and intrig ...
Friday, 18 July 14
US WEEKLY COAL PRODUCTION UP BY 1.4% TO 18.3 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy
The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business ...
Thursday, 17 July 14
INDIAN GOVERNMENT WISE TO TAKE ADVANTAGE OF CURRENTLY LOW THERMAL COAL PRICES AND SHIPPING RATES - JEFFREY LANDSBERG
With thermal coal import prices (and also shipping rates) very low at present, India's government would be very wise to take advantage of curre ...
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- Marubeni Corporation - India
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- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
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- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
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- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Wilmar Investment Holdings
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- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Parry Sugars Refinery, India
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- Bangladesh Power Developement Board
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- TeaM Sual Corporation - Philippines
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- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
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- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
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- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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- Mercator Lines Limited - India
- Bhushan Steel Limited - India
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- Gujarat Sidhee Cement - India
- Australian Coal Association
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- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
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- Kaltim Prima Coal - Indonesia
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- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- The University of Queensland
- Parliament of New Zealand
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- Mercuria Energy - Indonesia
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- Romanian Commodities Exchange
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- Energy Link Ltd, New Zealand
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- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
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- CNBM International Corporation - China
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Directorate Of Revenue Intelligence - India
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- Thai Mozambique Logistica
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
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- Electricity Authority, New Zealand
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- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
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