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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Sunday, 30 August 20
PANAMAX - THIS WEEK THE DEMAND HAS PICKED UP, BUT THE TONNAGE LIST IS INCREASING DAY BY DAY - FEARNLEYS
Cape Size
More or less flat from previous week, with cape rates moving from US$ 19,500 to 18,900 on average. West Australia however being more ...
Saturday, 29 August 20
COAL INDIA'S FUEL SUPPLY TO POWER SECTOR DROPS ABOUT 20% IN APR-JUL: PTI
State-owned Coal India”s fuel supply to the power sector registered a decline of 19.5 per cent to 126.30 million tonnes (MT) in the April-Jul ...
Saturday, 29 August 20
SOUTH KOREAN BROKERAGE FIRM KOREA INVESTMENT & SECURITIES TO STOP ALL COAL BUSINESS - KOREA HERALD
South Korean brokerage firm Korea Investment & Securities has decided to stop its investments in coal, in line with the Moon Jae-in administrat ...
Thursday, 27 August 20
KOREAN GENCOS INVITED BIDS FOR TOTAL 985,000 TONS OF BITUMINOUS COAL FOR NOVEMBER 2020 LOADING
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 985,000 ...
Thursday, 27 August 20
SOUTHEAST ASIAN NATIONS SET REGION-WIDE RENEWABLE ENERGY GOAL OF 23 PERCENT BY 2025 - ASEAN POST
The Association of Southeast Asian Nations (ASEAN) has set an ambitious target of securing 23 percent of its primary energy from renewable so ...
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- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- The University of Queensland
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
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