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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, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in Jun ...
Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...
Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...
Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...
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- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
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