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Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the number of vessels waiting to load rose.
The volume exported in the week ended 7 a.m. local time yesterday decreased to 1.52 million metric tons from 1.8 million tons a week earlier,
Newcastle Port Corp. said on its Web site. A total of 39 ships, waiting to load 3.1 million tons of coal, were outside the harbor.
Coal ships queued for an average 13.4 days to load, up from 11.1 days a week earlier, Newcastle Port said. The waiting time compared with 0.4 days for general cargo vessels, it said.
A total of 19 vessels carrying coal left Newcastle in the week ended June 20, Newcastle Port said today in an e-mailed report. Eleven ships were bound for Japan, five for Korea, two for China and one for Mexico, it said.
Power-station coal prices at Newcastle port, a benchmark for Asia, fell 7.7 percent to $70.81 a metric ton in the week ended June 19, according to the globalCOAL NEWC Index. It was the first decline since the week ended May 15.
Rio Tinto Group, Xstrata Plc and BHP Billiton Ltd. are among mining companies that ship coal through Newcastle.
Source: Bloomberg (http://www.bloomberg.com/apps/news?pid=newsarchive&sid=axZag9kIyijk)
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Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
Coal volumes railed to South Africa’s Richards Bay Coal Terminal (RBCT) during the rain-affected first quarter of 2009 had fallen well short o ...
Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...
Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...
Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think.
But power major NTPC Ltd is finding that this year’s coal is not yie ...
Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...
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- The University of Queensland
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- Interocean Group of Companies - India
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- London Commodity Brokers - England
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- Electricity Authority, New Zealand
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- Energy Link Ltd, New Zealand
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- Mercator Lines Limited - India
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- Kepco SPC Power Corporation, Philippines
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- New Zealand Coal & Carbon
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- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
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- Economic Council, Georgia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
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- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
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