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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, 06 July 10
KEPCO, POSCO BUY AUSTRALIAN COAL MINES - CHOSUN
Chosun reported that, Electricity monopoly KEPCO and steelmaker POSCO have both bought coal mines in Australia.
KEPCO signed a 400 million Austra ...
Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
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- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Planning Commission, India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
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