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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, 10 November 13
PANAMAX COAL FREIGHT RATES REMAIN UNDER PRESSURE; SUPRAMAX BIGGEST GAINER - REDDY
COALspot.com: The freight market was up this week with all indices increased except for Panamax index.
The BDI was up by 56 points closing at 158 ...
Friday, 08 November 13
DRY BULK MARKET BOUNCES BACK ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market staged a mild comeback this week, as the industry's benchmark, the Baltic Dry Index (BDI) inched forward step by step and bit b ...
Friday, 08 November 13
US'S OCTOBER COAL PRODUCTION INCREASED BY 1.78% M-M - EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.3 million short tons (mmst) of coal in ...
Thursday, 07 November 13
FORMOSA PLASTICS SEEKS 80K MT OF 5850 GAR COAL
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for 80,000 mt of bituminous coal for delivery in Nov - Dec'13 for its Chi ...
Thursday, 07 November 13
INDONESIAN COAL EXPORT VOLUME INCREASED; REVENUE DECREASED
COALspot.com: Indonesia, the 15th largest economy, 4th largest coal producer in the world and world's largest multi grade coal exporter shipp ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- White Energy Company Limited
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Planning Commission, India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
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