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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, 03 May 13
SHIP OWNERS ARE INVESTING HEAVILY IN DRY BULK CARRIER NEWBUILDINGS ONCE MORE: IS THERE ANY RATIONALE? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market remains heavily oversupplied and just as the orderbook of newbuildings had began to shrink, it seems that sh ...
Wednesday, 01 May 13
NEWCASTLE PORT SHIPPED 23.14 PER CENT MORE COAL WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,997,729 tons of thermal and coking coal for week ended 0700 hours 29 April 2013, Newca ...
Tuesday, 30 April 13
KATINGAN RIA THERMAL COAL TO START PRODUCTION FROM EARLY 2014
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced the completion of the Feasibility Study for its 51% owned Katingan Ria thermal co ...
Monday, 29 April 13
FIRST TRADES OF SGX API 8 CFR SOUTH CHINA COAL SWAP
COALspot.com - The SGX API 8 CFR South China Coal Swap went live for clearing on SGX-DC today with a total volume of 25,000 metric tonnes (25 lots). ...
Sunday, 28 April 13
SUB BIT INDONESIA COAL & CFR SOUTH CHINA COAL SWAPS STAY POSITIVE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average May 2013 delivery has gained 0.34 percent and CFR South China coal shipment gai ...
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- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Bhatia International Limited - India
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
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