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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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Friday, 02 May 14
US WEEKLY COAL PRODUCTION RELATIVELY FLAT AT -0.1%, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
Friday, 02 May 14
DRY BULK MARKET SHOWING SIGNS OF COMEBACK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market which has been hovering below the 1,000-point market (BDI) during the past couple of weeks, could be exhibiting signs of a s ...
Thursday, 01 May 14
INDONESIA EXPORT BAN POINTS TO QUESTIONS OVER CHINA'S LONG-TERM BAUXITE SUPPLY - WOOD MACKENZIE
China’s Bauxite demand forecast to reach 240 million tonnes by 2030
In light of the Indonesian mineral ore ban that came into force o ...
Thursday, 01 May 14
DRY BULK MARKET STILL REELING UNDER PRESSURE FROM VARIOUS FACTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market's revival is still overdue, as the industry's benchmark, the BDI is still lagging below the 1,000-point mark. In fac ...
Wednesday, 30 April 14
FREIGHT MARKET FOR DRY BULKERS STILL REMAINS WEAK - INTERMODAL
One week after the Easter holiday and the celebration for the resurrection of Christ, everybody expected to see a similar sign of a revival in t ...
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- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Australian Coal Association
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
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