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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, 16 September 09
S. LANKA, INDIA'S NTPC TO SIGN $500 MLN COAL DEAL
Reuters reported that, Sri Lanka is to sign a commercial agreement with India's National Thermal Power Corporation (NTPC.BO) to build a $500 millio ...
Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...
Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South ...
Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...
Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...
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- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
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- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
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- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
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- New Zealand Coal & Carbon
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- GMR Energy Limited - India
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- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
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- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
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- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
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- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
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- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Economic Council, Georgia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
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