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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, 27 August 21
THE ECONOMICS OF INDONESIA’S DIESEL POWER PLANT TO GAS CONVERSION PLAN ARE PROBLEMATIC - IEEFA
Deploying new small-scale LNG is an uphill battle for PGN
Indonesian gas is currently in a precarious position, where the government needs to ...
Thursday, 26 August 21
INDIA IMPORTED 17.06 MLN TONNES OF LPG IN 2020; UP 11.5% Y-O-Y
Global LPG trade remained fairly positive in 2020, despite the global economic impact from COVID-19, and surged strongly in the first half of 2021. ...
Thursday, 26 August 21
MARKET INSIGHT - INTERMODAL
24th of August 2021, the Baltic Dry Index reached 4,201, a YTD high and the highest since May 2010.
Cape 5TC daily average @ 51,472
...
Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
Fitch Ratings expects the pressure on Chinese power generation companies’ (gencos) profit from the recent coal price surge to weaken their cr ...
Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says i ...
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- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
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- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
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- SMC Global Power, Philippines
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- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
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- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
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- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
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- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
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- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Eastern Coal Council - USA
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- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
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- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
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- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
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- Indo Tambangraya Megah - Indonesia
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- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
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- Sical Logistics Limited - India
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- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
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- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
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- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
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- Coalindo Energy - Indonesia
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- PowerSource Philippines DevCo
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- Star Paper Mills Limited - India
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- Georgia Ports Authority, United States
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- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
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- Bayan Resources Tbk. - Indonesia
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- Heidelberg Cement - Germany
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- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
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- South Luzon Thermal Energy Corporation
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- Dalmia Cement Bharat India
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- Jorong Barutama Greston.PT - Indonesia
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