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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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Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...
Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...
Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...
Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...
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- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
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