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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, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
Tuesday, 12 January 10
COAL PRICE FORECAST RAISED AT ANZ ON STRONGER CHINESE DEMAND
Power-station coal price forecasts for this year were raised 19 percent by Australia & New Zealand Banking Group Ltd. on rising demand from Chin ...
Tuesday, 12 January 10
BUMIS SALE CONTRACT ONLY REACHED 35 PERCENT
PT Bumi Resources has only completed 35 percent if its coal sale contract this year. “More than 65 percent of our sale volume did not have a c ...
Monday, 11 January 10
THE MARKET IS LIKELY TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market for the first week of the year was quite active and the market especially in the Panamax and Supramax s ...
Monday, 11 January 10
CHINAS COAL EXPORT MAY DECLINE 50% IN 2009
Preliminary data released by China's General Administration of Customs (GAC) on Wednesday showed that China's coal export reached 2.05 million ton ...
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- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
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- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
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- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- VISA Power Limited - India
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- Trasteel International SA, Italy
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- Madhucon Powers Ltd - India
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- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- The Treasury - Australian Government
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- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Australian Coal Association
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
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- Indonesian Coal Mining Association
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- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
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- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- The University of Queensland
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
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- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
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- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
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- Deloitte Consulting - India
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- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
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