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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, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...
Tuesday, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...
Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...
Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...
Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...
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- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
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