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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, 02 December 20
INDONESIA CONSIDERING CLOSING 3,400MW SURALAYA COAL PLANT - THE JAKARTA POST
The government is considering to shut down the aging Suralaya coal-fired power plant (PLTU) in Cilegon, Banten, and replace it with green energy, a ...
Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner& ...
Thursday, 26 November 20
DECLINE IN COAL EXPORTS ADDS TO NAVAJO-OWNED COMPANY'S PROBLEMS - IEEFA U.S.
Weak demand and low prices are likely creating steep losses for NTEC
U.S. coal exports to Asia—once heralded as the saving gra ...
Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping ...
Wednesday, 25 November 20
LIBOR REPLACEMENT AND SHIP FINANCE - WHERE IS IT HEADING? - WFW
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. Th ...
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- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
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