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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, 02 February 22
COAL STORAGE IN CHINA’S POWER PLANTS NEAR RECORD HIGHS - XINHUA
Coal inflows into China’s power plants have picked up, bringing their coal storage to near record highs, the National Development and Reform ...
Wednesday, 02 February 22
MARKET INSIGHT - INTERMODAL
Oil prices have rallied to the highest level since October 2014 breaking above $90/bbl recently. November 2014 was the point when OPEC unleashed pr ...
Monday, 31 January 22
HOW INDONESIA'S COAL EXPORT BAN COULD IMPACT INDIA - IEEFA
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic co ...
Sunday, 30 January 22
AIR PRODUCTS' COAL GASIFICATION PROPOSAL TRIGGERS LOOMING POLICY DISPUTES IN INDONESIA - IEEFA
Plan to substitute Indonesia’s LPG imports with dimethyl ether may be hard to realize due to conflicting business interests
In ...
Sunday, 30 January 22
ENDGAME FOR NEW COAL POWER PROJECTS? - IEEFA INDIA
Retired coal units must be replaced only by assets that can provide grid flexibility
Reportedly, an expert committee appointed by th ...
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- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
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