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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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Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
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- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- VISA Power Limited - India
- The Treasury - Australian Government
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- The University of Queensland
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Planning Commission, India
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
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