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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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Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
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- Riau Bara Harum - Indonesia
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- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
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- PetroVietnam Power Coal Import and Supply Company
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- Xindia Steels Limited - India
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- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
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- Bhatia International Limited - India
- Larsen & Toubro Limited - India
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- IHS Mccloskey Coal Group - USA
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- CNBM International Corporation - China
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- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
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- Star Paper Mills Limited - India
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- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
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- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
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- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Australian Coal Association
- VISA Power Limited - India
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- Jaiprakash Power Ventures ltd
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- Carbofer General Trading SA - India
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- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
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- The University of Queensland
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
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- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
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- Independent Power Producers Association of India
- Trasteel International SA, Italy
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- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
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- The State Trading Corporation of India Ltd
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- Videocon Industries ltd - India
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- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
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