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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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Wednesday, 26 December 12
SHIP OWNERS WRAP UP NEWBUILDING DEALS PRIOR TO YEAR END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the year inches closer and closer to its end, many ship owners are looking to close deals for newbuilding vessels they have been negotiating duri ...
Monday, 24 December 12
CONSTITUTIONAL COURT DECISION MAY FURTHER DELAY THE ISSUANCE OF NEW MINING BUSINESS LICENCES - TJEN SHE SIUNG
COALspot.com - In November 2012 the Constitutional Court of Indonesia issued a decision on amendments to certain provisions under the Mining Law No. ...
Monday, 24 December 12
BUNKER PRICES TO CONTINUE RISING, ALBEIT IN A SLOWER MODE, DURING THE NEXT FEW YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEW
In a recent report, US-based consulting firm Mcquilling Services attempted to forecast the course of bunker prices during the next few years, as thi ...
Sunday, 23 December 12
Q4' 2013 CFR SOUTH CHINA COAL SWAP, US$ 3.40 HIGHER COMPARED TO Q1' 2013 PRICE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 1.94 percent M-M and WoW by 1.57percent but lost 0.35 ...
Saturday, 22 December 12
SECOND HAND VESSELS ENJOY HIGH DEMAND AS PRICES ARE ATTRACTIVE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the year is closing to its end, activity in the second hand vessel market has been more than high. Ship owners are looking to ...
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- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Planning Commission, India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
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