We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 12 October 11
INDONESIAS COAL RUSH - JOSEPH KIRSCHKE
COALspot.com - Last winter, the Chinese government mobilized thousands of soldiers and reservists of the People’s Liberation Army to the port ...
Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
|
|
|
Showing 5036 to 5040 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- SMC Global Power, Philippines
- VISA Power Limited - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
|
| |
| |
|
