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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, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...
Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...
Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...
Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...
Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...
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- PNOC Exploration Corporation - Philippines
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- Rio Tinto Coal - Australia
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- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
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- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
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- Altura Mining Limited, Indonesia
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- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
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- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Planning Commission, India
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- Metalloyd Limited - United Kingdom
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- Rashtriya Ispat Nigam Limited - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
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- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
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- Wilmar Investment Holdings
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- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
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- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
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- Indian Energy Exchange, India
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- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
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- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
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- Sarangani Energy Corporation, Philippines
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- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
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- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
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- Gujarat Sidhee Cement - India
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- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
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- Trasteel International SA, Italy
- Vedanta Resources Plc - India
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- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
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- Semirara Mining Corp, Philippines
- The University of Queensland
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- Barasentosa Lestari - Indonesia
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- Renaissance Capital - South Africa
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
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- Baramulti Group, Indonesia
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- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
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