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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, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
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- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- White Energy Company Limited
- The University of Queensland
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
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