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Friday, 07 March 14
RBCT, WORLD'S LARGEST COAL EXPORTING TERMINAL SHIPPED 1.78% LESS COAL MONTH ON MONTH


COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 4.487 million tons of coal in February 2014, declined by 81,402 tons or dropped 1.78% from the previous-month, according to latest data released by Richards Bay Coal Terminal. Richards Bay's coal exports totaled 4.569 million tons in January 2014, the terminal reported yesterday.

Year-to-date coal exports at Richards Bay, which has a design capacity of 91 million tons per year, totaled 9.056 million tones.

In February, southern Asian countries have imported the largest share of Richards Bay exports, taking in 34.2% of the total coal shipped from the terminal. Markets in eastern Asia accounted for 15.3% of the volume. Western Asia imported around 8.5% of volume shipped from RBCT, port’s operating statistics shows.

Total shipments to Europe represented 36.5% (Western Europe 25.4% & Southern Europe 11.1%) of the total exports.

Stockpiles at the terminal declined to 3.375 million tonnes, compared to 3.824 million tonnes at the end of January 2014.

Forty one vessels, including 26 Capesize vessels & 6 Panamxes entered the coal terminal, compared to 48  (27 capes, 12 Panamxes & 9 handy size) in the previous month.

South Africa produced high calorific value coal and one of the favoring coal supplier for Europe as well as Asia particularly India.



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Friday, 07 March 14
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