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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, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
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- White Energy Company Limited
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- Larsen & Toubro Limited - India
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- The State Trading Corporation of India Ltd
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- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
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- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
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- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Australian Coal Association
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
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- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
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- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
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- Attock Cement Pakistan Limited
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- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Planning Commission, India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
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- Meralco Power Generation, Philippines
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- Globalindo Alam Lestari - Indonesia
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- Tata Chemicals Ltd - India
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- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Videocon Industries ltd - India
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- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
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- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
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- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
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- Petron Corporation, Philippines
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
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