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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, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
Wednesday, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...
Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...
Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...
Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country.
India's leading e-commerce company Mjunction Services Ltd will ...
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- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
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- Australian Coal Association
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- European Bulk Services B.V. - Netherlands
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- Energy Link Ltd, New Zealand
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- Kepco SPC Power Corporation, Philippines
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- Electricity Authority, New Zealand
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- SMG Consultants - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Ministry of Finance - Indonesia
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- Price Waterhouse Coopers - Russia
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- Bhatia International Limited - India
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- The State Trading Corporation of India Ltd
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- MS Steel International - UAE
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- Pipit Mutiara Jaya. PT, Indonesia
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- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
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- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
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- Medco Energi Mining Internasional
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- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
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- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
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- ICICI Bank Limited - India
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- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
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- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
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- Orica Australia Pty. Ltd.
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- Chamber of Mines of South Africa
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- GAC Shipping (India) Pvt Ltd
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- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
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- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
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- Bangladesh Power Developement Board
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- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Electricity Generating Authority of Thailand
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