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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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Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...
Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week..
globalCOAL index in Newcastle Port, benchmark for Asian mark ...
Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mecha ...
Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...
Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy
As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...
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- The State Trading Corporation of India Ltd
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- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
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- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
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- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
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- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
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- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Posco Energy - South Korea
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- Power Finance Corporation Ltd., India
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- Jaiprakash Power Ventures ltd
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- Ministry of Mines - Canada
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- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
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- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
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- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
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- Aditya Birla Group - India
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- Agrawal Coal Company - India
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- White Energy Company Limited
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- Banpu Public Company Limited - Thailand
- The University of Queensland
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- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Australian Coal Association
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
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- ASAPP Information Group - India
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- Mercator Lines Limited - India
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- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
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- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
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- Economic Council, Georgia
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- GAC Shipping (India) Pvt Ltd
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- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
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