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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, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...
Tuesday, 20 July 10
DRY BULK SHIPPING MARKET FINDING SOME SUPPORT, AS OWNERS TAKE CAPE SIZES OFF THE MARKET
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long r ...
Monday, 19 July 10
INDONESIA EXPORTS 24.49 MILLION TONNES OF COAL IN JUNE 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 141.249 million tons of coal in the first half of this year. In June 2010, Indone ...
Monday, 19 July 10
CHINA ONCE AGAIN DOMINATING SHIPPING FREIGHT RATES, WHILE OVERSUPPLY OF TONNAGE RAISES CONCERN
The ending of the week brought a cheerful note among dry bulk ship owners, as the sinking benchmark of the industry, the Baltic Dry Index (BDI) fina ...
Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter ra ...
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- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Planning Commission, India
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- London Commodity Brokers - England
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
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