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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, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...
Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...
Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...
Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...
Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...
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- Ambuja Cements Ltd - India
- Planning Commission, India
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Parliament of New Zealand
- The University of Queensland
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
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