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Thursday, 05 June 14
RBCT SOUTH AFRICA SHIPPED 21% LESS COAL IN APRIL COMPARED TO MARCH EXPORTS

COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 5.45 million tons of coal in April 2014, fell 21.01% from the previous-month, according to latest data released by Richards Bay Coal Terminal. Richards Bay's shipped 6.90 tons of coal in March 2014, the terminal reported.

Year-to-date coal exports at Richards Bay, which has a design capacity of 91 million tons per year, totalled 21,412,805 tonnes a note from terminal said.

In April, southern Asian countries have imported the largest share of Richards Bay exports, taking in 58% of the total coal shipped from the terminal. Markets in eastern Asia accounted for 9.7% of the volume. Western Asia imported around 3.8% of volume shipped from RBCT, port’s operating statistics shows.

75.3% of total coal exports from RBCT or approximately 4,107,875 tons of coal shipped to southern eastern Asia, southern Asia, western Asia and eastern Asian countries in April 2014.

Total shipments to Europe represented 14.8% (Western Europe 13.4% & Southern Europe 1.4%) of the total exports. Western Europe imports 10.9% less coal from RBCT compared to its March imports. Southern Europe's coal imports from RBCT also dropped 1.9 percent month on month.

Stockpiles at the terminal increased to 4.15 million tonnes end of April, compared to 3.05 million tonnes at the end of March 2014.

Sixty two vessels, including 32 Cape size vessels, 11 Panamaxes and 19 Handy size vessels entered the coal terminal in April, compared to 43 capes & 8 Panamxes vessel 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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