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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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Sunday, 17 April 11
THE FREIGHT MARKET APPEARS WILL CONTINUE TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - "The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 p ...
Sunday, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...
Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today.
More than a half a dozen of Indian coal t ...
Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...
Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy
The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- The University of Queensland
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
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