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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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Thursday, 16 June 11
BOOSTING THE USE OF LOW CARBON ENERGY FOR A BETTER WORLD
Bali, Indonesia host of world renewable energy congress – Indonesia, international conference & exhibition on renewable energy and energy ...
Thursday, 16 June 11
FREIGHT MARKET FAILS TO RECOVER - DREWRY / HELLENIC SHIPPING
With demand failing to improve enough to contain the colossal increases in supply, the dry bulk freight market stayed near the dreadfully low levels ...
Thursday, 16 June 11
VALLAR CONTROLS 84.7 PERCENT STAKE IN BERAU COAL - INSIDER STORIES
Insider Stories reported that, London-based investment company Vallar Plc, via its subsidiary dubbed Vallar Investments UK Limited, today announced ...
Wednesday, 15 June 11
INDONESIA NEW COAL POLICY WORRIES INDIA POWER FIRMS - MYDIGITALFC
Tata Power, Adani group, Lanco Infratech and Reliance Power, among other Indian coal importers, are waiting to assess the impact of the Indonesian g ...
Wednesday, 15 June 11
BAYAN RESOURCES OWNS 56 PERCENT KANGAROO - INSIDER STORIES
Australia-listed coal miner Kangaroo Resources Limited (KRL) has obtained final approval from its shareholders to complete its US$277 million acquis ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
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- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
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- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
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- Coal and Oil Company - UAE
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- Binh Thuan Hamico - Vietnam
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- The University of Queensland
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- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
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- India Bulls Power Limited - India
- Videocon Industries ltd - India
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- Coalindo Energy - Indonesia
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- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
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- AsiaOL BioFuels Corp., Philippines
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- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
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- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
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