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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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Friday, 07 August 20
PEABODY'S $1.42 BILLION WRITE-DOWN CONCEDES COAL MINES HAVE LITTLE VALUE AND DIM FUTURE - IEEFA
Trouble at biggest mine in Powder River Basin speaks volumes about state of industry
Peabody Energy, the world’s largest priva ...
Thursday, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize
There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the Eas ...
Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...
Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...
Wednesday, 05 August 20
AUGUST 2020 HBA HITTING ITS LOWEST LEVELS IN HISTORY
COALspot.com: The Indonesia Coal Price Reference for the month of August plunged 30.73% YoY, hitting its lowest levels in history and highlighting ...
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- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- PTC India Limited - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Planning Commission, India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
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