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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, 29 September 13
SUB-BIT INDONESIA COAL SWAP FELL ON MONTH AND WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery fell 3.93 percept month on month on Friday 27 September 2 ...
Friday, 27 September 13
TAIWAN'S FORMOSA TO IMPORT 140K MT OF BITUMINOUS COAL FOR Q4
COALspot.com : Taiwan's Formosa Plastics Group is inviting bids for 140,000 mt of bituminous coal for delivery in the Q4 for its China plant.
Ac ...
Friday, 27 September 13
CAPESIZES REGAINING PART OF THEIR FORMER GLORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The latest dry bulk market rally has been nothing short of spectacular, with freight rates more than doubling over the past few weeks. This growth h ...
Friday, 27 September 13
US PRODUCED 19.30 MMST OF COAL IN SEVEN DAYS
COALspot.com – United States the world’s second largest coal producer produced approximately 19.30 million short tons (mmst) of coal in ...
Thursday, 26 September 13
PANAMAX MARKET CONTINUE WITH STRONG RATES IN BOTH BASINS - FEARNRESEARCH
Handy
Feast rates are still firm, some fresh stems entered the market. Vessels trading around $15k passing Singapore for coal to India, and a bit l ...
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- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- MS Steel International - UAE
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- The University of Queensland
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
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