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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, 03 June 09
KOSEP SEEKS UP TO 3 MLN TONNES OF COAL - REUTERS
Korea South-East Power Co Ltd (KOSEP) has issued four tenders seeking a total of 3 million tonnes of coal for delivery between 2009 to 2011, a tende ...
Wednesday, 03 June 09
POWER DEMAND TO BOOST INDIA COAL IMPORTS DURING MONSOON - STEELGURU
Reuters quoted Indian coal importers said that strong demand for power in India is likely to keep coal imports at the maximum level possible in the ...
Wednesday, 03 June 09
NAPOCOR EXTENDS COAL TENDER FOR SOLE BIDDER - ABS CBNNEWS
National Power Corp. (Napocor), the top Philippine electricity producer, has given the lone bidder at a tender for 195,000 tons of coal more time to ...
Wednesday, 03 June 09
NEWCASTLE COAL EXPORTS JUMP 20 PERCENT; SHIP QUEUE LENGTHENS - BLOOMBERG
Coal exports from Australia’s Newcastle, the world’s biggest export harbor for the fuel, jumped 20 percent last week while the number of ...
Wednesday, 03 June 09
IPL-2 OVER, INDIAN COAL LEAGUE BEGINS IN SOUTH AFRICA - ECONOMICTIME
Steel, cement and power companies, which have traditionally relied on cheap Indonesian coal to fuel their factories, are rushing to buy South Africa ...
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- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- The University of Queensland
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- White Energy Company Limited
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
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- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
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