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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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Wednesday, 18 April 12
INDONESIA TO INTRODUCE EXPORT DUTY ON MINERAL ORES BY 6 MAY 2012
The Indonesian government is scheduled to issue regulation on export duty for minerals before May 6, 2012.
According to Bisnis Indonesia, as quot ...
Sunday, 15 April 12
THE SPOT FIXTURE RATES FOR SUPRAMAX IN SE ASIA SAW SOME SOFTENING OF CHARTER RATES - VISTAAR
COALspot.com - The market seem to be holding and except for Supramax and handy size index all other index was up with BDI up by 4.74 pct closing at ...
Friday, 13 April 12
MINERS OPPOSE GOVTS EXPORT TAX PLAN - THE JAKARTA POST
The Jakarta Post reported that, Indonesian mining companies have strongly protested the government’s plan to impose a 25 percent export tax on ...
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor& ...
Thursday, 12 April 12
FIRST QUARTER OF 2012 SAW AN ADDITIONAL 24.2 MILLION DWT OF DRY BULK CARRIERS ENTERING THE FLEET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The inflow of newbuilt dry bulk vessels was larger than expected in the first quarter of 2012. As much as 24.2 million DWT were added to the fleet. ...
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- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
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- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
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- Australian Coal Association
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- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
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- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
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- Borneo Indobara - Indonesia
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- Semirara Mining and Power Corporation, Philippines
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- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
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- Goldman Sachs - Singapore
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- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
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- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
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- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
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- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
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- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
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- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Minerals Council of Australia
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
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