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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Sunday, 18 September 11
THE COAL IMPORTS TO INDIA, OUT OF INDONESIA LIKELY TO PICK UP - CAPT. REDDY
COALspot.com - The freight market continued the upward trend until midweek almost touching 2,000 points, however towards second half of the week the ...
Saturday, 17 September 11
GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE FOR US$ 1.26 BILLION
COALspot.com - GVK group, India’s leading infrastructure developer,confirmed arrangements for the acquisition of a strategic part of large, hi ...
Saturday, 17 September 11
INDIA'S GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE PROJECTS IN AUSTRALIA
COALspot.com - GVK group, India’s leading infrastructure developer, today confirmed arrangements for the acquisition of a strategic part of la ...
Friday, 16 September 11
DELTA DUNIA MAKMUR REMOVED 30.9 MILLION BCM OVERBURDEN IN AUGUST 2011
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 30.9 million bcm (+13.2% YoY) overburden in August 2011 while coal production was at 2.9 ...
Thursday, 15 September 11
RUSSIAN COAL EXPORTS UP 10.9% IN JAN-AUG TO 71.50 MILLION TONS - PORT NEWS / HELLENIC SHIPPING
Port News reported that, Coal exports from Russia in January-August 2011 grew by 10.9% compared with the same period last year, to 71.50 million ton ...
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- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
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- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- ICICI Bank Limited - India
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- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
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- Minerals Council of Australia
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- Ministry of Mines - Canada
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- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Parliament of New Zealand
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- Edison Trading Spa - Italy
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- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
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- Planning Commission, India
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- San Jose City I Power Corp, Philippines
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- IEA Clean Coal Centre - UK
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- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
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- European Bulk Services B.V. - Netherlands
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- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
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- Independent Power Producers Association of India
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- Baramulti Group, Indonesia
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- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
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- Bhatia International Limited - India
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- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
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- Commonwealth Bank - Australia
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- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
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- The State Trading Corporation of India Ltd
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
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- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
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- Xindia Steels Limited - India
- The Treasury - Australian Government
- Central Electricity Authority - India
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- Tata Chemicals Ltd - India
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- Africa Commodities Group - South Africa
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- Energy Link Ltd, New Zealand
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- Bukit Makmur.PT - Indonesia
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- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
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- VISA Power Limited - India
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- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
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- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
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- Sindya Power Generating Company Private Ltd
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