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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, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...
Thursday, 29 March 12
DRY BULK EDGED FURTHER UP, ON HEALTHY DEMAND FOR MOST SHIP TYPES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With capesize vessels finally reappearing in demand, the dry bulk market had an easier task of rising yesterday, as the BDI (Baltic Dry Index) reach ...
Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share. ...
Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 m ...
Wednesday, 28 March 12
ORPHEUS ENERGY TO COMMENCE JORC DRILLING AT ADK PROJECT
COALspot.com - Indonesian coal explorer and producer, Orpheus Energy (ASX:OEG), have today announced that the company is about to commence a drillin ...
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- SMC Global Power, Philippines
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Economic Council, Georgia
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Australian Coal Association
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Parliament of New Zealand
- The Treasury - Australian Government
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