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Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments to the Atlantic region by more than 43 percent in April and increased sales to Asia by 16 percent, a trader said.
Atlantic sales fell to 1.02 million metric tons from 1.8 million a year earlier, according to two research notes by mjunction Services Ltd., a Web-based trader backed by India’s biggest steel producers. Exports to Asia climbed to 2.89 million tons from 2.5 million tons, the trader based in Kolkata in India said in the notes dated April 10 and April 12.
South Africa is boosting Asian exports as economies in India and China recover from last year’s slowdown while demand in Europe falls amid concern Greece’s sovereign-debt crisis will spread. India and China, whose economies are growing at rates faster than 8 percent, together accounted for about 42 percent of Richard Bay’s shipments in the first quarter of this year compared with about 25 percent a year earlier.
Coal exports from Africa’s largest export terminal for the fuel fell about 14 percent to a 11-month low of 3.92 million tons in April, after rising 17 percent in March to 5.66 million tons, according to data on its website.
The terminal’s stockpiles were at 4.62 million tons as of April 30 as it shipped about 70 percent of 5.6 million tons it received from mines, according to the port data.
At the current shipment rate, the terminal will export 56.8 million tons of coal for all of 2010, compared with its capacity of 91 million tons.
European Demand
Richards Bay is owned by South Africa’s largest exporters of the fuel, including BHP Billiton Ltd., Anglo American Plc and Xstrata Plc. The 27-member European Union burns the fuel for about 30 percent of its power, according to Brussels-based lobby group Euracoal. To Read More Bloomberg ( By Dinakar Sethuraman)
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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
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- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- VISA Power Limited - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
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