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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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Tuesday, 14 November 23
CHINA'S BELT AND ROAD INITIATIVE TURNS AWAY FROM COAL - WOOD MACKENZIE
Ambitious, contentious and big spending, China’s Belt and Road Initiative (BRI) is 10 years old. In that time, China has splashed more than U ...
Friday, 10 November 23
THE COMMODITIES FEED: OIL UNDER PRESSURE - ING
Energy – Brent plummets
The oil market came under significant pressure yesterday. ICE Brent settled 4.19% lower on the day and ...
Friday, 10 November 23
COAL USE AT U.S. POWER PLANTS CONTINUES DOWNWARD SPIRAL; FULL IMPACT ON MINES TO BE FELT IN 2024 - IEEFA
This year, the use of coal by the U.S.’s power producers has been so anemic that the fuel has not achieved a 20% market share in any month so ...
Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.
The union coal ministry on Tuesd ...
Thursday, 09 November 23
WE'RE PRODUCING TOO MUCH COAL, OIL AND GAS, REPORT SAYS - WSJ
World leaders pledged in 2015 to reduce emissions in a combined effort to limit climate change.
Now they are stepping up production ...
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- Star Paper Mills Limited - India
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- Commonwealth Bank - Australia
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- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- The University of Queensland
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- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
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- Australian Commodity Traders Exchange
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- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- The Treasury - Australian Government
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- Anglo American - United Kingdom
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
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- Kepco SPC Power Corporation, Philippines
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- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
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- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
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- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
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- Baramulti Group, Indonesia
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- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- PTC India Limited - India
- Videocon Industries ltd - India
- Parliament of New Zealand
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- Chamber of Mines of South Africa
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- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
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- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
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- Dalmia Cement Bharat India
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- Planning Commission, India
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- Krishnapatnam Port Company Ltd. - India
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- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
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- Larsen & Toubro Limited - India
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- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
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