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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, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
Friday, 26 November 10
INDIA WILL IMPORT 100 MLN TONS OF COAL BY 2012 - LAKSHMINARAYANA
COALspot.com – “India’s coal shortfall will reach 100 million mt by 2011-12”, said Lakshminarayana, Vice Preside ...
Friday, 26 November 10
CHINAS COAL INVENTORY STAYS HIGH FOR 22 MONTHS AT 220 MLN T, ASSOCIATION
Xinhua News Agency reported that, China’s coal inventory has stayed high and unchanged for 22 months to be around 220 million tonnes, reflecti ...
Friday, 26 November 10
DR WOLFGANG CIESLIK TO HEAD GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com – (Press Release): The Management Board of the German Coal Importers Association (Verein der Kohlenimporteure e.V.) has elected D ...
Thursday, 25 November 10
ANALYSIS: COAL SECTOR: VALUE EMERGENCE - THE JAKARTA POST
Coal demand will remain firm due to a build-up of coal-fired power plants in India, China and Indonesia. As a result, we have upgraded our coal pric ...
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- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Planning Commission, India
- The Treasury - Australian Government
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
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- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
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- Minerals Council of Australia
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- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
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- Parry Sugars Refinery, India
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- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
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- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
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- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
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- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
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- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
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