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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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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at Eur ...
Thursday, 01 March 12
INDO-INDIA, LARGE ECO SUPRA CAN FETCH CLOSE TO USD 9K DOP N.CHINA - FEARNLEYS AS
Handy
The Atlantic Handysize market did not see any signs for recovery this week. It is still a major lack of spot cargoes and an oversupply of pro ...
Wednesday, 29 February 12
69 MINERS AGREE TO RENEGOTIATE CONTRACTS - THE JAKARTA POST
The Jakarta Post, one of the leading English news papaer in Indonesia reported that, as many as 60 coal contracts-of-work (PKP2B) and nine non-coal ...
Wednesday, 29 February 12
PUTTING COAL GASIFICATION TO WORK
Clifford Reese of the SSOE Group looks at practical solutions for district energy leaders who wish to implement clean coal technology.
Coal fuels ...
Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining compani ...
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- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Planning Commission, India
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
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