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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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Thursday, 15 May 14
USA COAL CONFERENCE
Press Release: IHS Inc. (NYSE: IHS), the leading global source of information and analysis, will host the Coal USA Conference, June 18-20, 2014, ...
Wednesday, 14 May 14
COAL PRICES IN CHINA HAVE DROPPED TO THEIR LOWEST LEVELS SINCE END-2008
COALspot.com: Coal prices in China have dropped to their lowest levels since end-2008, Fitch says in its latest rating report on one of the coal ...
Wednesday, 14 May 14
ALMOST THROUGH THE HALF OF THE YEAR, THE DRY BULK INDEX SHOW SIGNS OF WEAKNESS; CREATING TO BOTH EXISTING SHIP OWNERS AND POTENTIAL INVESTORS A LOT OF INSECURITY - PANOS MAKRINOS
Almost through the half of the year, the overall shipping market and more specifically the Dry Bulk Index show signs of weakness, creating to bo ...
Tuesday, 13 May 14
NPC COAL EXPORT VOLUMES PLUNGE TO 2.48 MMT WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 12 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Quee ...
Tuesday, 13 May 14
YET ANOTHER POSIDONIA EXHIBITION IS ON ITS WAY - INTERMODAL
With less than a month to go before another Posidonia exhibition starts and all the parties and celebrations get under way we thought that it wo ...
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- Aditya Birla Group - India
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- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
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- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Meralco Power Generation, Philippines
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- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Indian Energy Exchange, India
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- Karaikal Port Pvt Ltd - India
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- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
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- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
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- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
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- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
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- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
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- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
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- Rashtriya Ispat Nigam Limited - India
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- Riau Bara Harum - Indonesia
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- Tamil Nadu electricity Board
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
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- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
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- Edison Trading Spa - Italy
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- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
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- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
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- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
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- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
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- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
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- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
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- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
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- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Australian Coal Association
- Deloitte Consulting - India
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- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
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- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
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- Mintek Dendrill Indonesia
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- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
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- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
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- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
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- Alfred C Toepfer International GmbH - Germany
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- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
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