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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, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...
Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.
The ...
Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023
Oil prices came under some pressure yesterday with ICE Brent settling a litt ...
Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...
Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...
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- Binh Thuan Hamico - Vietnam
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- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
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- Ambuja Cements Ltd - India
- London Commodity Brokers - England
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- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
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- Global Business Power Corporation, Philippines
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- Commonwealth Bank - Australia
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- Metalloyd Limited - United Kingdom
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- Sical Logistics Limited - India
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- Global Green Power PLC Corporation, Philippines
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- Mercator Lines Limited - India
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- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
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- Grasim Industreis Ltd - India
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- San Jose City I Power Corp, Philippines
- The University of Queensland
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
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- Ministry of Mines - Canada
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- Petron Corporation, Philippines
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- South Luzon Thermal Energy Corporation
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- MS Steel International - UAE
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- Leighton Contractors Pty Ltd - Australia
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- CNBM International Corporation - China
- Singapore Mercantile Exchange
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- PNOC Exploration Corporation - Philippines
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- Bukit Makmur.PT - Indonesia
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- Aboitiz Power Corporation - Philippines
- Australian Coal Association
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- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
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- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
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- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
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- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
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- Star Paper Mills Limited - India
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- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- GN Power Mariveles Coal Plant, Philippines
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- Indian Energy Exchange, India
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- Electricity Authority, New Zealand
- Economic Council, Georgia
- Tamil Nadu electricity Board
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- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
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- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
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- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
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- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
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- Romanian Commodities Exchange
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
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- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Anglo American - United Kingdom
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- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
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