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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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Wednesday, 07 April 21
KOMIPO ISSUED A TENDER FOR TOTAL 1,560,000 METRIC TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for total 1,560,000 Metric Tons of Bituminous coal for i ...
Wednesday, 07 April 21
MARKET INSIGHT - INTERMODAL
Following the end of the catholic easter, during which the majority of shipping market participants were on holidays, it is interesting to note a f ...
Wednesday, 07 April 21
COAL USED TO GENERATE ELECTRIC POWER IN U.S. WILL INCREASE BY 13 PERCENT TO 495 MMST IN 2021 - EIA
EIA expects U.S. coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. In 2022, EIA expects coal production to grow by an addi ...
Wednesday, 31 March 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.12 PCT - XINHUA
China Taiyuan coal transaction price index stood at 139.03 points Monday, up 0.12 percent week on week.
The index, released by China ...
Wednesday, 31 March 21
MARKET INSIGHT - INTERMODAL
Over the past week, the biggest story has been the blockage of the Suez Canal, as a result of the grounding of the container ship Ever Given. At th ...
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- The University of Queensland
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- GAC Shipping (India) Pvt Ltd
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- Toyota Tsusho Corporation, Japan
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- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
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- Global Coal Blending Company Limited - Australia
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- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
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- Heidelberg Cement - Germany
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
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- Kalimantan Lumbung Energi - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
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- Chamber of Mines of South Africa
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- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
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- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
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- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
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- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- IEA Clean Coal Centre - UK
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- Australian Commodity Traders Exchange
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- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
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- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
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- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
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- IHS Mccloskey Coal Group - USA
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