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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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Tuesday, 16 June 20
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Showing 911 to 915 news of total 6871 |
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- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Sojitz Corporation - Japan
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- The University of Queensland
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Australian Coal Association
- Marubeni Corporation - India
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
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