We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 08 March 09
AUSTRALIA'S FELIX STUDYING COAL ACQUISITIONS IN INDIA, INDONESIA
Bloomberg reported that, Felix Resources Ltd., an Australian supplier of coal to Korea and Japan, is studying acquisitions of energy coal assets in ...
Saturday, 07 March 09
THERMAL COAL PRICES MAY DROP, STANDARD CHARTERED SAYS
Bloomberg reported that, Coal prices may decline as a slump in demand for the fuel outpaces cuts in production, Standard Chartered Plc said.
Exp ...
Friday, 06 March 09
STRAITS ASIA EYES 3RD MINE
Straitstimes reported that, Mining company Straits Asia Resources is on an expansion trail to more than double its output by 2012.
Amid the econo ...
Friday, 06 March 09
INDONESIA MAY MISS 2009 COAL OUTPUT TARGET-OFFICIAL
Indonesia, the world's top thermal coal exporter, may fail to achieve its coal production target this year as the global economic crisis dents dema ...
Friday, 06 March 09
POWER FIRMS HEAD TO INDONESIA FOR COAL
The Hindu Businessline reported that, The enactment of a new, more liberal, mining legislation in Indonesia is drawing coal-starved Indian power uti ...
|
|
|
Showing 6851 to 6855 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- The University of Queensland
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
|
| |
| |
|