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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, 01 May 12
VIETNAM FEARS IT MAY NOT SEEK COAL SUPPLIES - TBKTSG / VIETNAMNET BRIDGE
TBKTSG / VietNamNet Bridge reported that, with five coal-run thermopower plants under construction, PetroVietnam alone would need 18 million tons of ...
Sunday, 29 April 12
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The BDI continued to go up with the support of Panamax/Supramax and was up by 8.34 pct closing at 1,156 points.
The cape index was ...
Sunday, 29 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS FOR MAY 2012 DELIVERY WAS STABLE THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps for May deliveries stable this week, according to DSP of SGX AsiaClear OTC Coal Swaps. In the me ...
Friday, 27 April 12
BUKIT ASAMS NET INCOME UP 14% IN 1Q 2012 (UNAUDITED)
Press Release - PT Bukit Asam (Persero) Tbk, announced the Consolidated Financial Statements and Subsidiaries per 31 March 2012 (Unaudited).
Reve ...
Thursday, 26 April 12
AUSTRALIAS COKAL EXPANDS MET COAL POTENTIAL INTO WEST KALIMANTAN
COALspot.com - Global metallurgical coal group Cokal Limited (Cokal) (ASX:CKA) announced today it has completed the acquisition of 75.2% of PT Silan ...
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- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- PTC India Limited - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
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