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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, 05 January 22
CHINA COAL FUTURES SURGE ON SUPPLY WORRIES AMID INDONESIA EXPORT BAN - REUTERS
China’s thermal coal futures surged by as much as 7.8per cent to kick off 2022 on concerns of supply disruptions after Indonesia, its biggest ...
Wednesday, 05 January 22
INDONESIA WARNS COAL SUPPLY CRUNCH NOT OVER AS CHINA PRICES RALLY - REUTERS
Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday’s (Jan 5) review of its export ban, unnerving global ...
Tuesday, 28 December 21
INDIA'S ADANI NEARS FIRST COAL SHIPMENT FROM SHUNNED AUSTRALIAN MINE - REUTERS
India’s Adani Group ADEL.NS is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven- ...
Thursday, 23 December 21
COAL TO STAY AS MAJOR SOURCE OF ENERGY IN FORESEEABLE FUTURE: JOSHI - BUSINESS STANDARD
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament w ...
Thursday, 23 December 21
ANNUAL U.S. COAL-FIRED ELECTRICITY GENERATION WILL INCREASE FOR THE FIRST TIME SINCE 2014 - EIA
From December 20 through December 30, Today in Energy will feature some of our favorite articles from 2021. Today’s article was originally pu ...
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- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
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- New Zealand Coal & Carbon
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- Directorate General of MIneral and Coal - Indonesia
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- Bharathi Cement Corporation - India
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- Rio Tinto Coal - Australia
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- Singapore Mercantile Exchange
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- Petron Corporation, Philippines
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- Alfred C Toepfer International GmbH - Germany
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- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
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- GAC Shipping (India) Pvt Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
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- Aboitiz Power Corporation - Philippines
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- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
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- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- White Energy Company Limited
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
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