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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...
Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
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- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
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- Commonwealth Bank - Australia
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- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
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- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
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- Thai Mozambique Logistica
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- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
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- Gujarat Electricity Regulatory Commission - India
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- Coal and Oil Company - UAE
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- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Eastern Coal Council - USA
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- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
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- Romanian Commodities Exchange
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- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
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- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
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- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- Indian Oil Corporation Limited
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- MS Steel International - UAE
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
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- New Zealand Coal & Carbon
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- Madhucon Powers Ltd - India
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- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Parry Sugars Refinery, India
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- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
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- The Treasury - Australian Government
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- Africa Commodities Group - South Africa
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