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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, 12 March 14
DRY BULK VESSELS STILL THE CREAM OF THE CROP FOR SHIP OWNERS
Dry bulk carriers have remained the most popular vessel type among ship owners as proven by the sheer number of second hand vessel sales and new ...
Tuesday, 11 March 14
HOLD HARMLESS CLAUSES ARE NOT ALWAYS MUTUAL! - ITIC
KNOWLEDGE TO ELEVATE
ITIC provides an insurance related contract review service to all of its members. As the leading professional indemnity i ...
Tuesday, 11 March 14
NEWCASTLE SHIPPED 6.98% LESS COAL WEEK ON WEEK
COALspot.com: In the week ended 10 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2 ...
Tuesday, 11 March 14
INDONESIAN SUB-BITUMINOUS COAL SWAPS CONTINUES TO FALL
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 slip again thi ...
Monday, 10 March 14
API 8 CFR SOUTH CHINA COAL SWAPS LOST 4.28 PERCENT MONTH ON MONTH FOR Q2 DELIVERY
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 4.28 percent month on month and closed at US$ 73.97 per mt as on Fr ...
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- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
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- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
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- White Energy Company Limited
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- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
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- Mercuria Energy - Indonesia
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- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
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- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
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- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
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- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Australian Coal Association
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
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- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Planning Commission, India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
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- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
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- European Bulk Services B.V. - Netherlands
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- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
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- Parliament of New Zealand
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
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