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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, 13 November 13
Q3' 14 CFR SOUTH CHINA COAL SWAPS CLOSED HIGHER THAN Q1' 14 PRICES
COALspot.com : API 8 CFR South China Coal swaps for average Q1 14 delivery gained 0.55 percept W-W on Friday 8 November 2013. The CFR South China Co ...
Wednesday, 13 November 13
THE SOFTENING HAS AFFECTED THE BIGGER SIZE SEGMENTS; SMALLER ONES STILL APPEAR TO BE VERY STABLE - INTERMODAL
After a month and a half of back to back weekly declines, the dry bulk market has finally reversed its negative course. We believe that there should ...
Wednesday, 13 November 13
DRY BULK MARKET HAS REVERSED ITS NEGATIVE COURSE - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable+ )
The Dry Bulk market has reversed its negative course this past week with rates for Capes making up fo ...
Wednesday, 13 November 13
NEWCASTLE COAL EXPORTS PLUNGE 12.40% IN W/E 10 NOVEMBER FROM THE PRIOR WEEK
COALspot.com: In the week ended November 11, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.42 ...
Monday, 11 November 13
TAMIL NADU STATE OWNED POWER GENERATOR TO IMPORT 3.7 MMT OF 6000 GAD COAL
COALspot.com - TANGEDCO, Tamil Nadu Generation & Distribution Corporation Ltd, Tamil Nadu state owned power generator & distributor intends ...
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- GN Power Mariveles Coal Plant, Philippines
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- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
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- MS Steel International - UAE
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- The State Trading Corporation of India Ltd
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- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
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- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
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- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
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- Electricity Authority, New Zealand
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- Straits Asia Resources Limited - Singapore
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- Indian Oil Corporation Limited
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- Sindya Power Generating Company Private Ltd
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- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
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- Commonwealth Bank - Australia
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- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
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- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
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- The University of Queensland
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- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
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- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Economic Council, Georgia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
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- Malabar Cements Ltd - India
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- Videocon Industries ltd - India
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- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
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- Australian Coal Association
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- Oldendorff Carriers - Singapore
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- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
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- Minerals Council of Australia
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- PTC India Limited - India
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- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
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