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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, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
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- Kaltim Prima Coal - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
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- Samtan Co., Ltd - South Korea
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- Electricity Generating Authority of Thailand
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- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
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- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Romanian Commodities Exchange
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- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
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- Energy Link Ltd, New Zealand
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- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
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- Electricity Authority, New Zealand
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- Ministry of Transport, Egypt
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- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Planning Commission, India
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
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- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
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- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
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- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Deloitte Consulting - India
- SMC Global Power, Philippines
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