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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, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
Monday, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
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- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- PTC India Limited - India
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Planning Commission, India
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
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