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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, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...
Thursday, 24 December 09
EUROSEAS LTD. ANNOUNCES TWO-YEAR TIME CHARTER AGREEMENT FOR PANAMAX BULK CARRIER
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerize ...
Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolv ...
Wednesday, 23 December 09
BUKIT ASAM SEES CHINA COAL DEMAND BOOST
* Rebound in prices to have pushed up 2009 revs
* To more than double Tarahan port capacity
Reuters reported that, Indonesian state-owned coal m ...
Wednesday, 23 December 09
MACARTHUR COAL OFFERS TO BUY RIVAL GLOUCESTER
Queensland-based Macarthur Coal will offer to buy fellow Australian Gloucester Coal, in a move to add two new mines and increase coal resources.
...
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- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
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- Australian Coal Association
- Bhoruka Overseas - Indonesia
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- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Planning Commission, India
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- Grasim Industreis Ltd - India
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- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
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- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- The University of Queensland
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
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- Jorong Barutama Greston.PT - Indonesia
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- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
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- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
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- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
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- Parliament of New Zealand
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- Orica Mining Services - Indonesia
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- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
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- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
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- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
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- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
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- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
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