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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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Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
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- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
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- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
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- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
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- Eastern Coal Council - USA
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- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
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- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
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- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
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- Maheswari Brothers Coal Limited - India
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- Coal and Oil Company - UAE
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- Parliament of New Zealand
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- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
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- White Energy Company Limited
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- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- The University of Queensland
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- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
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- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
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- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
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- Cigading International Bulk Terminal - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
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- Kaltim Prima Coal - Indonesia
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- Economic Council, Georgia
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- GMR Energy Limited - India
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- Siam City Cement - Thailand
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- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
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- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
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- Commonwealth Bank - Australia
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- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
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- Heidelberg Cement - Germany
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
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- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
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- Indian Oil Corporation Limited
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- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Australian Coal Association
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- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Alfred C Toepfer International GmbH - Germany
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