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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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Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
Sunday, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
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- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
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- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
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- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Australian Coal Association
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
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