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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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Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...
Tuesday, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limite ...
Tuesday, 08 February 11
DRY BULK: IS THE TIDE TURNING? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what could be perceived as a change of market sentiment for the better, the dry bulk industry’s benchmark, the Baltic Dry Index (BDI) poste ...
Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for therma ...
Monday, 07 February 11
COAL PRICES ON RISE: DEMAND FROM INDIA AND CHINA - ANALYZED SUNIL K KUMBHAT
INDONESIA IS HEART OF ASIAN COAL BOOM
COALspot.com - Rising demand of Coal from India and China, coupled with global financial recovery, is driv ...
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- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- CNBM International Corporation - China
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- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- The University of Queensland
- VISA Power Limited - India
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Australian Coal Association
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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