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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...
Tuesday, 08 March 11
US$ 8 BILLION WORTH OF INFRASTRUCTURE PROJECTS IN PIPELINE IN INDONESIA - WOOD MACKENZIE
India’s Increasing Demand for Thermal Coal Cannot Be Satisfied Without Emerging Coal Areas in Indonesia - Wood Mackenzie
At Coa ...
Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS
COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official sai ...
Tuesday, 08 March 11
MINERS SAY VALUE-ADDED LAW WILL HURT IN THE LONG RUN - THE JAKARTA GLOBE
The Jakarta Globe reported that, Government plans to require miners to give added value to their exported commodities could end up costing the count ...
Tuesday, 08 March 11
THE PANAMAX MARKET THIS WEEK FIRMED UP - BRS
Underlining the unpredictability of the current market, rates for all dry bulk segments swung up again last week. Stronger exports out of South Amer ...
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- Power Finance Corporation Ltd., India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
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- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
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- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
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- Parliament of New Zealand
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- Indian Oil Corporation Limited
- The Treasury - Australian Government
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- Bayan Resources Tbk. - Indonesia
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- Indian Energy Exchange, India
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- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
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- Interocean Group of Companies - India
- Renaissance Capital - South Africa
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- Romanian Commodities Exchange
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- SN Aboitiz Power Inc, Philippines
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- Meralco Power Generation, Philippines
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- Bhoruka Overseas - Indonesia
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- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
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- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Australian Coal Association
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- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
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- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
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- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
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- Independent Power Producers Association of India
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- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
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- Economic Council, Georgia
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- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
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