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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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Tuesday, 04 December 12
JATENERGY SIGNS MOU FOR INDONESIAN COAL ASSET
COALspot.com - Jatenergy Limited has announced that its fully-owned Indonesian subsidiary, PT Barata Energy (BE), has signed an exclusive, non-bindi ...
Tuesday, 04 December 12
NEWCASTLE PORT SHIPPED 55.88 PERCENT MORE COAL W/E 3 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,796,341 MT of thermal and coking coal for week ended 0700 hours 3 December 2012, Newca ...
Sunday, 02 December 12
YEAR 2013, YEAR OF SUPPLY OR DEMAND?
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1 2013 delivery gained 2.87 & 0.83 percent MoM and WoW respectively ...
Saturday, 01 December 12
TIGHT SUPPLY, DEMAND PUSH INDO-INDIA SUPRAMAX FREIGHT RATES HIGHER - VISTAAR
COALspot.com - The freight market was mixed this week as cape and Panamax indices are closing softer.
The BDI was down 0.37 pct closing at 1,086 ...
Friday, 30 November 12
FUTURE TREND OF SECOND HAND SHIP VALUES PUZZLING SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the major challenges that ship owners are facing today is whether or not to invest in a second hand vessel at any given time. For instance, i ...
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- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Wilmar Investment Holdings
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- Semirara Mining Corp, Philippines
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- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
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- Latin American Coal - Colombia
- Bangladesh Power Developement Board
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- Globalindo Alam Lestari - Indonesia
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- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
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- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- The Treasury - Australian Government
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- Meralco Power Generation, Philippines
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- Semirara Mining and Power Corporation, Philippines
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- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
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- Energy Link Ltd, New Zealand
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- International Coal Ventures Pvt Ltd - India
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- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
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- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
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- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
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- TNB Fuel Sdn Bhd - Malaysia
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- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
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- Oldendorff Carriers - Singapore
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- The State Trading Corporation of India Ltd
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- Salva Resources Pvt Ltd - India
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- Sical Logistics Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
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- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
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- Jaiprakash Power Ventures ltd
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- Chamber of Mines of South Africa
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- VISA Power Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Miang Besar Coal Terminal - Indonesia
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- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
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- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
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- Ambuja Cements Ltd - India
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- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
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- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
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- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
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- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
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- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
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