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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, 11 April 13
TNEB HAS OPENED 4.2 MILLION TONS IMPORTED COAL TENDER
COALspot.com - TANGEDCO, the state run utility TANGEDCO (formerly known as TNEB), Tamil Nadu state owned electricity company has opened bids to purc ...
Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline.
Total production is down 9.9 million short t ...
Wednesday, 10 April 13
DRY BULK FREIGHT RATES SEEN MOSTLY STABLE IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per ...
Monday, 08 April 13
SUB-BIT INDONESIA COAL SWAPS: UPWARD TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.71 percent and CFR South China coal shipment&nbs ...
Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down.
The BDI was down by 5.38 pct closing at 861 points and the ...
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- Ind-Barath Power Infra Limited - India
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- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
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- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- The University of Queensland
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- Sinarmas Energy and Mining - Indonesia
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- Global Business Power Corporation, Philippines
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- Eastern Coal Council - USA
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- GAC Shipping (India) Pvt Ltd
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- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
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- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
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- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
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- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
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- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Planning Commission, India
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- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
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- Bhatia International Limited - India
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
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- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
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- Ministry of Finance - Indonesia
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- Energy Development Corp, Philippines
- McConnell Dowell - Australia
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- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
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- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
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- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
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- Altura Mining Limited, Indonesia
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- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
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- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
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- Larsen & Toubro Limited - India
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- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
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- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
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