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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, 03 January 13
DRY BULK DEMAND TO KEEP RISING IN 2013, DRY BULK SHIP PRICES TO KEEP FALLING SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In a recent report on the future of the shipping markets, DVB bank said that dry bulk demand is expected to keep on growing in the coming years, mai ...
Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
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- ICICI Bank Limited - India
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- Africa Commodities Group - South Africa
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- Ministry of Transport, Egypt
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- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
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- Electricity Authority, New Zealand
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- Merrill Lynch Commodities Europe
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- SMC Global Power, Philippines
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- Minerals Council of Australia
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- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
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- New Zealand Coal & Carbon
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- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
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- Petron Corporation, Philippines
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- Sical Logistics Limited - India
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- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
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- Energy Link Ltd, New Zealand
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
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- Planning Commission, India
- Wood Mackenzie - Singapore
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- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
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- Videocon Industries ltd - India
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- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
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- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
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- Toyota Tsusho Corporation, Japan
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- Global Coal Blending Company Limited - Australia
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- Thai Mozambique Logistica
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- Vizag Seaport Private Limited - India
- The University of Queensland
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
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- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
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- Malabar Cements Ltd - India
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- Meralco Power Generation, Philippines
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- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
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- Port Waratah Coal Services - Australia
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- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
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- Gujarat Sidhee Cement - India
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