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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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Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
Tuesday, 19 January 10
COAL FOR DOMESTIC USERS
While the government is already almost a year behind schedule in issuing regulations to implement the new mining law, mineral producers have been&nb ...
Tuesday, 19 January 10
RISING DEMAND FROM POWER FIRMS TO PUSH COAL PRICES
The resurgence of the Chinese economy, along with harsh winter conditions across the country, is likely to push coal prices up in the short term. In ...
Tuesday, 19 January 10
ESSAR'S MEGA ACQUISITION PLANS
India’s Essar Group has carved a mega plan that includes a slew of acquisitions and investments in assets across various businesses. CNBC-TV18 ...
Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA
COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009 to China and 15. ...
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- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
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- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Australian Coal Association
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
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- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- The University of Queensland
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
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