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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, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...
Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...
Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...
Wednesday, 07 December 11
ABM INVESTAMA EYES RP6.3 TRIO REVENUE - INSIDER STORIES
Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing a 1.5 folds increase in revenue this year from Rp4. ...
Tuesday, 06 December 11
DRY BULK MARKET ENDS RALLY, STARTS WEEK WITH FALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...
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- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Indonesian Coal Mining Association
- White Energy Company Limited
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Central Electricity Authority - India
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
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