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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, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...
Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
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- Australian Commodity Traders Exchange
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- Eastern Energy - Thailand
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- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
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- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
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- Ministry of Mines - Canada
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- Parliament of New Zealand
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- McConnell Dowell - Australia
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- Alfred C Toepfer International GmbH - Germany
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- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
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- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
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- Indika Energy - Indonesia
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- Posco Energy - South Korea
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- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
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- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
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- Jaiprakash Power Ventures ltd
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- Thiess Contractors Indonesia
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- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
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- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
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- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
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