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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Tuesday, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES
Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net prof ...
Sunday, 22 January 12
FREIGHT MARKET DROPPED TO THE LOWEST LEVEL SINCE 2008
COALspot.com - "The markets continued to soften almost reaching 2008 levels breaking the 1,000 point mark", said Capt. Reddy of Vistaar Sh ...
Saturday, 21 January 12
ASIAS PREMIER COMPREHENSIVE OPEN CUT MINING CONFERENCE SCHEDULED FOR FEBRUARY 2012
As the only such conference in the region for miners and service providers, IBC Asia’s Open Cut Mine Planning & Operational Excellence con ...
Saturday, 21 January 12
COAL MARKETS CELEBRATES A DECADE OF BRINGING BUYERS & SELLERS TOGETHER
In 2012, IBC Asia’s premier Coal Markets conference series – Asia’s only globally focused coal import, export and supply chain eve ...
Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES
Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessm ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
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- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Chamber of Mines of South Africa
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- Semirara Mining Corp, Philippines
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- Parliament of New Zealand
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- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
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- Bharathi Cement Corporation - India
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- Singapore Mercantile Exchange
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- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
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- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
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- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
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- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Minerals Council of Australia
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- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- The University of Queensland
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
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- The State Trading Corporation of India Ltd
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- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
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- Planning Commission, India
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- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
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