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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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Showing 5241 to 5245 news of total 6871 |
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- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Planning Commission, India
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- PTC India Limited - India
- Economic Council, Georgia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
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