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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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- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Mercator Lines Limited - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
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