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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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Friday, 03 June 11
DRY BULK MARKETS RESURGENCE APPEARS TO BE LOSING SOME STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s seems to be losing some steam, despite reports of growing Chinese demand for commodities, especially coal, on the back o ...
Thursday, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy
The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...
Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...
Monday, 30 May 11
MIANG BESAR COAL TERMINAL ON TARGET
COALspot.com - MBCT, to be largest coal terminal in Asia to start construction in Indonesia’s east Kalimantan Island in July 2011 says Mr. Joh ...
Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...
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- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- PTC India Limited - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- The University of Queensland
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