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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, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...
Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...
Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...
Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...
Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...
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- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Posco Energy - South Korea
- White Energy Company Limited
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Cement Manufacturers Association - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- PTC India Limited - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
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