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Tuesday, 21 July 09
NEWCASTLE COAL EXPORTS FALL 5%, SHIP QUEUE INCREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 5 percent last week while the number of vessels waiting to load increased.
The volume exported in the week ended 7 a.m. local time yesterday dropped to 1.95 million metric tons from 2.05 million tons a week earlier, Newcastle Port Corp. said on its Web site. Forty-eight ships, waiting to load 3.9 million tons of coal, were outside the harbor, up from 42 a week earlier.
Port Waratah Coal Services Ltd., operator of the port’s two export terminals, has told producers it plans to cut export allocations by a combined 1 million metric tons this quarter to reduce the ship queue. Rio Tinto Group, Xstrata Plc and BHP Billiton Ltd. are among mining companies that ship coal through Newcastle.
Coal ships waited for an average 14.2 days to load, up from 12.7 days a week earlier, Newcastle Port said. The waiting time compared with 0.97 day for general cargo vessels, it said.
Twenty vessels carrying coal sailed in the week ended July 18, Newcastle Port said today in an e-mailed report. Twelve ships were bound for Japan, three for China, three for South Korea and two for Taiwan.
Power-station coal prices at Newcastle port, a benchmark for Asia, rose 6.4 percent to $76.23 a ton in the week ended July 17, according to the globalCOAL NEWC Index.
Source: Bloomberg
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Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN
Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal fo ...
Wednesday, 22 July 09
TAIPOWER RECEIVES 37 OFFERS IN TENDERS
State utility Taiwan Power has received offers for 37 panamax cargoes of bituminous and sub-bituminous coal in two tenders involving 12 panamax ship ...
Wednesday, 22 July 09
PRIME MINISTER APPROVAL SOUGHT TO HIKE COAL PRICES IN INDIA
PTI reported that decrying the low prices of the industrial fuel, the coal ministry will approach Dr Manmohan Singh PM of India next month for raisi ...
Tuesday, 21 July 09
BHATIA SAYS GETS ORDER FOR 800,000T COAL FROM KPCL
Reuters reported that, Indian traders Bhatia received on Tuesday a purchase order for 800,000 tonnes thermal coal at $63.00 C&F from Karnataka P ...
Tuesday, 21 July 09
NZ'S PIKE RIVER SAYS SELLS COAL AT $128 PER TONNE
Reuters reported that, New Zealand miner Pike River Coal said on Tuesday it had sold its premium hard coking coal at $128 a tonne for the curr ...
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- Oldendorff Carriers - Singapore
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- Planning Commission, India
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- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
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- Parliament of New Zealand
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- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
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- Economic Council, Georgia
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- The State Trading Corporation of India Ltd
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- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
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- Ministry of Finance - Indonesia
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- Renaissance Capital - South Africa
- Minerals Council of Australia
- The University of Queensland
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- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
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- Metalloyd Limited - United Kingdom
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- White Energy Company Limited
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- Marubeni Corporation - India
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- Karbindo Abesyapradhi - Indoneisa
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- Medco Energi Mining Internasional
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- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
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- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
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- Wood Mackenzie - Singapore
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- Indonesian Coal Mining Association
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- Electricity Authority, New Zealand
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- Mintek Dendrill Indonesia
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