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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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- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Planning Commission, India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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