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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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Friday, 20 September 13
DRY BULK MARKET REACHES NEW HEIGHTS THIS WEEK STANDING AT THREE-YEAR HIGH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The biggest rally of the dry bulk market in more than three years have brought back joy among ship owners, especially those active in the Capesize m ...
Friday, 20 September 13
US COAL PRODUCTION SLIGHTLY UP WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer produced totalled approximately 20.30 million short tons (mmst) of ...
Friday, 20 September 13
COLOMBIA SHIPPED 31.14 MILLION TONS OF THERMAL COAL IN H1
COALspot.com : Colombia’s coal exports fell by 20.59 percent in June 2013 compared to Colombia’s May's export of 7,633,579 MT.
Colom ...
Thursday, 19 September 13
CAPESIZE : AVERAGE DAILY EARNINGS HAVE GAINED ALMOST USD 6K WOW - FEARNLEYS
Handy
The rates in Feast are still firm this week even the activity calmed down a bit as chrtrs are not in a rush to cover even their end Sept carg ...
Wednesday, 18 September 13
IRON ORE AND ZINC ARE BEST PERFORMING MINING SECTORS IN CURRENT LOW PRICE, HIGH COST ENVIRONMENT - WOOD MACKENZIE
With the fall in commodity prices, cash margins in the mining industry have come under pressure. Accordingly, producers and investors are placing in ...
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- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- India Bulls Power Limited - India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
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