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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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Thursday, 17 December 20
CHINA'S BAN IS LESS OF A THREAT TO AUSTRALIA'S COAL INDUSTRY THAN INTERNATIONAL CLIMATE AMBITION - IEEFA
Australian coal exporters will survive this near-term political fight but there are longterm structural headwinds
The decision by Ch ...
Thursday, 17 December 20
BUMA SIGNED US$1.0 BILLION WORTH OF EXTENSION CONTRACT WITH BERAU COAL
PT Bukit Makmur Mandiri Utama, subsidiary of PT Delta Dunia Makmur Tbk., has extended its mining services contracts with PT Berau Coal, in relation ...
Wednesday, 16 December 20
INDONESIA 2020 COAL CONSUMPTION ESTIMATED AT 140-145 MLN TONNES - OFFICIAL, REUTERS REPORTED
Indonesia’s domestic coal consumption is estimated at 140-145 million tonnes this year, Dodik Ariyanto, an official at the energy ministry, t ...
Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH
The Ministry of Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts ...
Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
Fitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes (mt) i ...
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- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Xindia Steels Limited - India
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- ASAPP Information Group - India
- VISA Power Limited - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
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