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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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Thursday, 08 April 10
INDONESIAN ENERGY MINISTRY SEEKS LONGER MINING CONTRACTS - THE JAKARTAGLOBE
The Jakarta Globe reported that, Energy Minister Darwin Zahedy Saleh said he would seek to amend the mining law to address investors’ complain ...
Thursday, 08 April 10
NAPOCOR GETS ONE OFFER AT COAL TENDER - ABS CBN
ABS- CBN News reported that, Philippine power producer National Power Corp. (Napocor) is likely to buy 50,000 tons of steam coal from PT Berau Coal ...
Wednesday, 07 April 10
DRY BULK MARKET LOOKING FOR DIRECTION
The dry bulk market has kept a low profile during the past week, as evidenced by the small changes of a usually rather turbulent Baltic Dry Index (B ...
Tuesday, 06 April 10
NEWCASTLE COAL EXPORTS RISE 24%, SHIP QUEUE SHORTENS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power st ...
Tuesday, 06 April 10
UAE STEEL TRADERS FEAR LOSSES ON GLOBAL HIKE
A sudden spurt in the price of iron ore in the international market has caught local steel traders and manufacturers and a host of other steel-depen ...
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- Energy Link Ltd, New Zealand
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- South Luzon Thermal Energy Corporation
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- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
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- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
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- PTC India Limited - India
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- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
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- Commonwealth Bank - Australia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
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- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
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- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
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- Pipit Mutiara Jaya. PT, Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
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- Toyota Tsusho Corporation, Japan
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- Timah Investasi Mineral - Indoneisa
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- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
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- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Planning Commission, India
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
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- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
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- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- The University of Queensland
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
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