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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, 01 April 09
COAL FIRMS' PROFITS NOT EXPECTED TO GROW IN '09 - - THE JAKARTA POST (ANALYSTS)
Despite their windfall profits in 2008, analysts doubt that PT Bumi Resources Tbk or any other coal firms will post profit growth this year, with pr ...
Tuesday, 31 March 09
DEUTSCHE BANK TO ADD COAL, GAS, SHIPPING IN COMMODITY EXPANSION - BLOOMBERG
Deutsche Bank AG, after quadrupling revenue from commodities in two years, plans to add coal, European natural-gas and shipping to its business, ant ...
Monday, 30 March 09
CHINA SHENHUA SAYS AGREES DOMESTIC COAL DEALS - REUTERS
Chinese coal mining giant China Shenhua Energy Co has agreed long-term contracts with some Chinese power producers, its President Ling Wen said on M ...
Sunday, 29 March 09
SHENHUA ENERGY 2008 NET RISES 29% TO RECORD ON PRICES - BLOOMBERG
China Shenhua Energy Co Ltd., the nation’s biggest coal producer, said profit rose 29 percent to a record in 2008 after it increased productio ...
Friday, 27 March 09
SOUTH AFRICAN COAL EXPORTS EXPECTED TO RISE IN 2009, BUT RAIL WILL DETERMINE BY HOW MUCH - MININGWEEKLY
South Africa has an expanding coal-export terminal, but an uncertain rail capacity.
The mismatch is something South Africa cannot afford, given i ...
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- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Eastern Coal Council - USA
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
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- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
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- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
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- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
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- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
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- The Treasury - Australian Government
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
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- Xindia Steels Limited - India
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- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
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- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
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- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
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- Chamber of Mines of South Africa
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- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
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