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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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- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
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- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
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- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
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- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
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- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
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- Indian Oil Corporation Limited
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- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
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- ASAPP Information Group - India
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- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
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- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
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- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
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- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
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- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
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- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
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- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
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- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Planning Commission, India
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
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- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Wilmar Investment Holdings
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- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
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