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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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Monday, 05 May 14
HUANENG CLEAN ENERGY RESEARCH INSTITUTE HAS CONFIRMED TO SPEAK AT CCF2014
Press Release: Produced by CDMC Events, The 13th Clean Coal Forum 2014 will be held on June 12,13, 2014 in Beijing, China. We are glad to invite ...
Monday, 05 May 14
SUB BIT-FOB INDONESIA COAL SWAPS LOST GROUND LAST WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports ...
Monday, 05 May 14
API 8 CFR SOUTH CHINA COAL SWAP FOR AVERAGE Q3 14 DELIVERIES: LOST 0.82% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 0.82 percent month on month and closed at US$ 75.20 per mt as o ...
Sunday, 04 May 14
INDONESIA TO INDIA FREIGHT RATES ARE SHOWING POSITIVE TREND
COALspot.com: The freight market is seems to be some recovery as cape index has increased by 7.84 pct week on week. Cape index closed at 1829 po ...
Friday, 02 May 14
ADARO ENERGY STARTS YEAR 2014 WELL DESPITE CURRENT MARKET CONDITIONS
COALspot.com: Adaro Energy, the second largest Indonesian coal miner's revenue increased 14% to US$ 845 million due to higher sales volume, ...
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- SMC Global Power, Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
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- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
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- Rio Tinto Coal - Australia
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- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
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- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
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- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
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- Romanian Commodities Exchange
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- Electricity Authority, New Zealand
- MS Steel International - UAE
- Siam City Cement - Thailand
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- CNBM International Corporation - China
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- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
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- Sree Jayajothi Cements Limited - India
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- Tamil Nadu electricity Board
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- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
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- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
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- Ministry of Mines - Canada
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- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
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- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
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- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
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- White Energy Company Limited
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- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
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- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Indogreen Group - Indonesia
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- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
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- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- ICICI Bank Limited - India
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- Indonesian Coal Mining Association
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
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- Vedanta Resources Plc - India
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- The University of Queensland
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- Indian Energy Exchange, India
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