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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, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
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- Australian Commodity Traders Exchange
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- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
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- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
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- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
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- Malabar Cements Ltd - India
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- McConnell Dowell - Australia
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- Global Coal Blending Company Limited - Australia
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- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
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- PTC India Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bulk Trading Sa - Switzerland
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- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
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- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
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- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
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- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
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- Ministry of Mines - Canada
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- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
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- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
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- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Australian Coal Association
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Economic Council, Georgia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
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- Iligan Light & Power Inc, Philippines
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- Africa Commodities Group - South Africa
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