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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, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
...
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- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Planning Commission, India
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
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