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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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Monday, 10 September 12
TNPL, AN INDIAN PAPER MAKER IS SEEKING FOR 300K MT OF IMPORTED NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 6 Shipments about 50,0 ...
Monday, 10 September 12
DRY BULK MARKET SLOWLY BUT SURELY REACHING CRITICAL STATUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The radical consequences of the shifts in dry bulk demand and prices, especially for the most sought after commodity, concerning the industry, i.e. ...
Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources h ...
Monday, 10 September 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY / HELLENIC SHIPPING
The European Central Bank left its interest rate unchanged at 0.75% focusing on pushing down borrowing costs in troubled economies, Spain and Italy. ...
Sunday, 09 September 12
H213 SUB-BIT FOB INDONESIA COAL SWAPS ARE TRADING HIGHER
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 0.14 percent W-O-W on 7 September 2012, Friday closing but gained ...
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- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
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- Ministry of Finance - Indonesia
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- Metalloyd Limited - United Kingdom
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- Eastern Coal Council - USA
- Anglo American - United Kingdom
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- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
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- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Minerals Council of Australia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
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- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- PTC India Limited - India
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
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