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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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Monday, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration ...
Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...
Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize
The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...
Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...
Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections
BP’s a ...
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- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Economic Council, Georgia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
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