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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, 20 September 12
DRY BULK INCHES FORWARD AFTER WEEKS OF BELOW PAR PERFORMANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has started to revive from its ashed, as the past couple of days, traders have reported an increased activity from China, result ...
Wednesday, 19 September 12
CHURCHILL STRENGTHENS LITIGATION TEAM WITH APPOINTMENT OF NICHOLAS SMITH AS MANAGING DIRECTOR
COALspot.com - Churchill Mining PLC (AIM: CHL) has announced that, Mr Nicholas Smith has joined the board of the Company and has been appointed as t ...
Wednesday, 19 September 12
DRY BULK TERMINALS SINGAPORE
Press Release - Dry bulk terminals are used all around the world to handle large quantities of bulk materials, like minerals, grains, etc. In today& ...
Tuesday, 18 September 12
JORC CODE REVISION - EXPOSURE DRAFT RELEASED FOR COMMENT
COALspot.com - The Australasian Joint Ore Reserves Committee (JORC) has today released for public comment the exposure draft of the JORC Code (2012) ...
Monday, 17 September 12
YEAR TO DATE, BUMA PRODUCED 231.1 MILLION BCM OF OVERBURDEN
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 31.5 million bcm (+6.0 percent YoY) overburden in August 2012 totaled 31.5 million bcm ( ...
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- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- The University of Queensland
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
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