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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, 10 July 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a ...
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- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
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- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
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- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
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- Pipit Mutiara Jaya. PT, Indonesia
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- Ministry of Transport, Egypt
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- Carbofer General Trading SA - India
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- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
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- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
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- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Tata Chemicals Ltd - India
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- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
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- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
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- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
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- The University of Queensland
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- PNOC Exploration Corporation - Philippines
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- Indogreen Group - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
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- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
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- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
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- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
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- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
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- Antam Resourcindo - Indonesia
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- SN Aboitiz Power Inc, Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Australian Coal Association
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- Billiton Holdings Pty Ltd - Australia
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- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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