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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 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...
Wednesday, 07 October 09
COAL INDIA, SHIPPING CORP MAY FORM VENTURE TO IMPORT COAL
The venture may be on the lines of the firm that CIL plans with SAIL for coal imports in which both to hold 25%
Live Mint reported that, State-ru ...
Tuesday, 06 October 09
ASIA COAL-PRICE REBOUND TOWARDS $71 ON TENDER ACTIVITY
Reuters reported that, Prices of power-station coal in Australia, a benchmark for Asia, rose 4 percent in the latest week to near $71 a tonne, bolst ...
Tuesday, 06 October 09
BHARATHI CEMENT TO ADD 2.5 MT CAPACITY BY 2010
Business-Standard reported that, Bharathi Cement Corporation (BCC) commenced its commercial operations from its Nallalingayapalli manufacturing plan ...
Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport ministe ...
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- Thai Mozambique Logistica
- Cement Manufacturers Association - India
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- Mercator Lines Limited - India
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- Borneo Indobara - Indonesia
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- GMR Energy Limited - India
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
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- Sojitz Corporation - Japan
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- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
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- Toyota Tsusho Corporation, Japan
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- Coastal Gujarat Power Limited - India
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- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
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- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Australian Coal Association
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
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- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
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- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
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- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
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- SMG Consultants - Indonesia
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