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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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Monday, 10 February 14
Q1 2015, API 8 CFR SOUTH CHINA COAL SWAP CLOSED AROUND $ 2 HIGHER THAN Q2 14 PRICE
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 delivery lost 2.61 percent month on month and closed at US$ 77.28 per mt as on Frid ...
Monday, 10 February 14
SUPRAMAX STILL AT AROUND US$ 5K + BB 50K DELIVERY KALIMANTAN FOR A TRIP TO INDIA - CAPT. REDDY
COALspot.com: The BDI was down by 1.71 pct and closed at 1091 points week ended 7 February 2014. The BDI seemed to reach the bottom as the cape inde ...
Saturday, 08 February 14
U.S PRODUCED 84.5 MMMST OF COAL IN JANUARY; 2.05% UP MONTH ON MONTH, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.8 million short tons (mmst) of coal in ...
Friday, 07 February 14
DRY BULK MARKET ON ' REVERSE' MODE DUE TO CHINESE HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept its uninspiring mood throughout yet another week, with the Baltic Dry Index (BDI) hovering slightly above the 1,000-poi ...
Thursday, 06 February 14
INDONESIA'S BAN ON THE EXPORT OF RAW MINERAL ORES COMES INTO FORCE - INCE & CO
COALspot.com: On 12 January 2014, the ban on the export of unprocessed mineral ores came into effect in Indonesia. This ban enforces the Mining Law ...
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- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
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- Coal and Oil Company - UAE
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
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- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
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- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
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- TeaM Sual Corporation - Philippines
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- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
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- PTC India Limited - India
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- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
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- SMC Global Power, Philippines
- Indian Oil Corporation Limited
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- Kumho Petrochemical, South Korea
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- Mercuria Energy - Indonesia
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- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Medco Energi Mining Internasional
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- Latin American Coal - Colombia
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- Ministry of Mines - Canada
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- Eastern Coal Council - USA
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- Wood Mackenzie - Singapore
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
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- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
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- Singapore Mercantile Exchange
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- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
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- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
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- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- The Treasury - Australian Government
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- Thiess Contractors Indonesia
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- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
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- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
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