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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, 18 May 20
TAKING ADVANTAGE OF VIRUS DISTRACTION - BALTIC EXCHANGE
As the industry grapples to deal with exceptional Covid-19-related challenges, a deeper threat is coming to the fore. At this time of crisis, more ...
Monday, 18 May 20
THERMAL COAL SPOT PRICE TUMBLES 25 PER CENT, PUTTING PRESSURE ON SOME PRODUCERS - ABC RURAL
The spot price for thermal coal has fallen 25 per cent per cent in the past month with one leading analyst saying it is because of a reduction in d ...
Monday, 18 May 20
CHINA'S COAL OUTPUT UP 1.3 PCT IN JANUARY-APRIL: XINHUA
Output of raw coal in China rose 1.3 percent year on year to 1.15 billion tonnes in the first four months this year, official data showed.
&nbs ...
Sunday, 17 May 20
A 55,000 OPEN ILIGAN FIXING AT $6,500 VIA INDONESIA REDELIVERY INDIA - BALTIC BRIEFING
Capesize
A precipitous fall in the market this week had the Capesize 5TC shedding over 50 per cent in value. A small rebound at the end of the ...
Friday, 15 May 20
CHINA'S COAL CONSUMPTION TO FALL Y/Y IN SECOND QUARTER, IMPROVEMENT EXPECTED IN SECOND HALF - INDUSTRY BODY: REUTERS
China’s coal consumption is expected to decline in the second quarter from a year earlier, but will see an improvement in the second half of ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
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- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
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- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
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- Indian Oil Corporation Limited
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- Essar Steel Hazira Ltd - India
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- Singapore Mercantile Exchange
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- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
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- Sojitz Corporation - Japan
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- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
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- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
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- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
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- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
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- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
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- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
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- Mercuria Energy - Indonesia
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- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Planning Commission, India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- The University of Queensland
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- Maheswari Brothers Coal Limited - India
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- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
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- Karbindo Abesyapradhi - Indoneisa
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- Sakthi Sugars Limited - India
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- Uttam Galva Steels Limited - India
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- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
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- Meenaskhi Energy Private Limited - India
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- Minerals Council of Australia
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- OPG Power Generation Pvt Ltd - India
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