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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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Sunday, 18 April 21
INDONESIA LIKELY TO WITNESS 119 OIL AND GAS PROJECTS STARTS ACROSS VALUE CHAIN BY 2025, SAYS GLOBALDATA
Indonesia is expected to witness 119 oil and gas projects commencing their operations across value chain during 2021-2025, accounting for 6% of the ...
Sunday, 18 April 21
WORLDSTEEL RAISES 2021 STEEL DEMAND GROWTH FORECAST TO 5.8% - WORLDSTEEL
The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand wil ...
Sunday, 18 April 21
CHINA'S Q1 COAL OUTPUT RISES 16% ON STRONG DEMAND FOR WINTER HEATING - REUTERS
China’s coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust in ...
Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply
India has stockpiled a record 132 million tonnes of coal – enough t ...
Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations
The emerg ...
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- Global Business Power Corporation, Philippines
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- Thiess Contractors Indonesia
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- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
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- Karaikal Port Pvt Ltd - India
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- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
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- The University of Queensland
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- Renaissance Capital - South Africa
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- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
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- Singapore Mercantile Exchange
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- ICICI Bank Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Bangladesh Power Developement Board
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- Economic Council, Georgia
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- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
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- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
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- New Zealand Coal & Carbon
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- Gujarat Electricity Regulatory Commission - India
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- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
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- Indian Energy Exchange, India
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- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
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- Posco Energy - South Korea
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
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- Thai Mozambique Logistica
- Planning Commission, India
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- Cement Manufacturers Association - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
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- Toyota Tsusho Corporation, Japan
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- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
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- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
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- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
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- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
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- MS Steel International - UAE
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