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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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Saturday, 26 June 21
KOSPO INVITED BIDS FOR 480,000 MT OF COAL PER ANNUM
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 480,000 MT of NCV 1 Min. 5,600 (Spec 1) /Min. 5,0 ...
Thursday, 24 June 21
FEBRUARY'S INCREASE IN COAL-FIRED ELECTRIC GENERATION REDUCED U.S. COAL STOCKPILES - EIA
Coal stockpiles at U.S. power plants decreased significantly from December 2020 to February 2021, including a draw of nearly 16 million tons in Feb ...
Wednesday, 23 June 21
MARKET INSIGHT - INTERMODAL
The first half of 2021 has brought a very sharp and continued recovery in the dry bulk market and while many where expecting a relatively strong ma ...
Thursday, 17 June 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR GLOBAL SEABORNE COAL TRADE; CHINA'S COAL IMPORTS - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade.
Total global loadings in the 12 months of 2020 were down -12 ...
Thursday, 17 June 21
FITCH RATINGS RAISES SHORT-TERM OIL AND GAS PRICE ASSUMPTIONS
Fitch Ratings has increased its 2021 and 2022 oil price assumptions for the Brent and West Texas Intermediate (WTI) benchmarks due to stronger year ...
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- Indika Energy - Indonesia
- PowerSource Philippines DevCo
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- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Australian Coal Association
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- Edison Trading Spa - Italy
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- Manunggal Multi Energi - Indonesia
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- Indian Energy Exchange, India
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- PTC India Limited - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Price Waterhouse Coopers - Russia
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- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
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- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
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- White Energy Company Limited
- Economic Council, Georgia
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- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
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- Chettinad Cement Corporation Ltd - India
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- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
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- Coal and Oil Company - UAE
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- Tata Chemicals Ltd - India
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- Global Business Power Corporation, Philippines
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- Independent Power Producers Association of India
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- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
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- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
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- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
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- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
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- The State Trading Corporation of India Ltd
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- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
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- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
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- The University of Queensland
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- Parliament of New Zealand
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- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
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- Petron Corporation, Philippines
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