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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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Saturday, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
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- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Minerals Council of Australia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
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