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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, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...
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- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Planning Commission, India
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- The University of Queensland
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
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