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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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Thursday, 26 September 13
INTERCARGO PUBLISHES BENCHMARKING BULK CARRIERS 2012-13 REPORT
The International Association of Dry Cargo Shipowners (Intercargo) has today launched Benchmarking Bulk Carriers 2012-13, the latest edition of our ...
Thursday, 26 September 13
DRY BULK MARKET KEEPS ON RALLYING ON THE BACK OF HIGH CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept its momentum over the course of the past week, on the back of increased demand for Capesizes and an improvement of mark ...
Wednesday, 25 September 13
RBCT'S COAL EXPORT DECLINES IN AUGUST
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest coal export terminal in South African as well as in the world has shipped 16. ...
Wednesday, 25 September 13
CAPES TOUCHING RATES NO ONE BELIEVED COULD BE ACHIEVED IN 2013 - INTERMODAL
Chartering (Wet: Stable- / Dry: Firm+ )
The Dry Bulk market is the gift that keeps on giving these days. With rates for Capes touching numbers ...
Wednesday, 25 September 13
IS IT TIME AGAIN TO SUPERSIZE AGAIN? - GEORGE LAZARIDIS
After an early arrival of the seasonal rally in the Capesize market, things look to be on the upbeat for these dry bulk giants. With the Index reach ...
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- Sakthi Sugars Limited - India
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- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
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- Economic Council, Georgia
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- Meralco Power Generation, Philippines
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- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Parliament of New Zealand
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- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
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- Deloitte Consulting - India
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- White Energy Company Limited
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- Grasim Industreis Ltd - India
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- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
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- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
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- Indian Oil Corporation Limited
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- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
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- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- The University of Queensland
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
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- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
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