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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, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...
Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...
Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...
Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...
Friday, 17 April 09
JSW TO BUY THERMAL COAL MINE IN AFRICA
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tons, to min ...
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- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Planning Commission, India
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- The University of Queensland
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
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