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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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Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...
Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...
Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...
Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...
Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...
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- Videocon Industries ltd - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
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