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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Wednesday, 27 July 11
BLACKSTONE TO INVEST INR 5,000 MILLION (APPRX. US$ 111 MILLION) IN VISA POWER
Press Release - The Blackstone Group (NYSE: BX) today announced that it will be investing INR 5,000 million (c. USD 111 million) in VISA Power ...
Tuesday, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same ...
Monday, 25 July 11
INDONESIA STATE ELECTRICITY COMPANY HAS BURNED 19 MMT OF COAL FOR FIRST HALF OF 2011
COALspot.com - Indonesia's State Electricity Company and other IPPs have burned 19 million tons of coal for first half of this year said,Pamudji Nu ...
Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is targeting to pro ...
Sunday, 24 July 11
AN INDIAN PORT SETS A WORLD RECORD FOR CONVENTIONAL COAL DISCHARGE
COALspot.com - Krishnapatnam Port has set a World record for discharging 106,171 tons of steam coal in just 24 hrs using the conventional unloading sy ...
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- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- The University of Queensland
- Planning Commission, India
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
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