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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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Sunday, 02 March 14
THE FREIGHT MARKET WAS STEADY TO FIRM THIS PAST WEEK - CAPT. REDDY
COALspot.com: The freight market was steady to firm this past week. The BDI was up 7.06 pct and closed at 1258 points and the cape index was also fi ...
Friday, 28 February 14
PTBA TO INCREASE ITS COAL TERMINAL'S LOADING CAPACITY TO 25 MILLION TONS PER ANNUM BY JULY 2014
COALspot.com: PT. Bukit Asam (PTBA), the Indonesian government owned coal miner operates several coal mining units in Sumatera as well as in Kaliman ...
Friday, 28 February 14
U.S PRODUCED 1.9% LESS COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.8 million short tons (mmst) of coal in ...
Friday, 28 February 14
DRY BULK MARKET SLOWLY BUT STEADILY FINDS ITS FOOTING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, hit by the low seasonal demand which is a typical characteristic of the first quarter of each year, is beginning to emerge from ...
Thursday, 27 February 14
PANAMAX : MARKET CONTINUED TO DECLINE IN THE ATLANTIC
Handy
The Atlantic handy/supra market experienced a downward trend this week but not a dramatic one. TA rates are down around USD 800 w-o-w lead b ...
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Showing 3826 to 3830 news of total 6871 |
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- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
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