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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...
Sunday, 22 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 25,000/26,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR ANALYSIS
COALspot.com (Singapore): Analyised by Capt. Radhakrishnan Reddy, Managing Director of Vistaar Shipping Services, Singapore.
BDI hits a new high ...
Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million ...
Friday, 20 November 09
DRY BULK SHIP OWNERS HOPE RALLY WILL LAST
Boon times are still on the daily agenda of every dry bulk ship owner these days after one of the toughest year in the industry’s century-old ...
Friday, 20 November 09
NTPC LOOKING FOR LONG TERM CONTRACTS FOR COAL IMPORT
Business Standard of India reported that, State run power firm NTPC today said it is looking for long-term supply of coal from overseas market to me ...
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- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- The University of Queensland
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Australian Coal Association
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Economic Council, Georgia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
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