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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, 27 January 21
MARKET INSIGHT - INTERMODAL
As we have entered the era off renewable energies, all industries globally give max effort to minimize their carbon footprint and consequently thei ...
Monday, 25 January 21
ULTRAMAX YET ANOTHER POSITIVE WEEK FOR THE SECTOR, WHICH SAW INCREASED DEMAND ACROSS ALL BASINS - BALTIC BRIEFING
Capesize
The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down ...
Monday, 25 January 21
NEW LAW IN CALIFORNIA, USA, AFFECTING SHIPOWNERS' LIABILITY FOR OIL POLLUTION - BIMCO
Members are advised that amendments to the so-called Lempert-Keene-Seastrand Oil Spill Prevention and Response Act of 1990 in the State of Californ ...
Monday, 25 January 21
COAL INDIA SAYS GEARED UP TO MEET SURGE IN FUEL DEMAND FROM POWER SECTOR - PTI
State-owned Coal India Ltd on Saturday said that it is well geared to meet any surge in demand for coal from the power sector.
The s ...
Sunday, 24 January 21
GOVT ASSURES COAL INDIA OF 'FULL SUPPORT', STRESSES ON LEARNING 'NEW THINGS' - PTI
Coal Minister Pralhad Joshi assured Coal India of full government support, even as he said the PSU needs to learn “new things” for impr ...
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- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
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