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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
 RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- White Energy Company Limited
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- The University of Queensland
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Deloitte Consulting - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
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