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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, 12 May 20
A GLOBAL ECONOMIC RESTART HAS SLOWLY BEGUN AS COUNTRIES AROUND THE WORLD GRADUALLY - ALLIED
A global economic restart has slowly begun as countries around the world gradually set their return back to “normality”. Yet by all mea ...
Tuesday, 12 May 20
CAN INDONESIA'S COAL INDUSTRY SURVIVE COVID-19? : IEEFA
Pandemic Lockdown and Slumping Prices Put Extreme Pressure on Coal Miners
Executive Summary
While attention has been focused on th ...
Tuesday, 12 May 20
INDIA'S COAL PRODUCTION TO CLOCK RECORD 700 MILLION TONNES IN FY21: COAL SECRETARY - PTI
Coal Secretary Anil Jain said FY20 coal production was lower than the target of 660 million tonnes because of flooding of a key coal mine.
&nbs ...
Monday, 11 May 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Monday, 11 May 20
CORONAVIRUS PUTS MORE THAN A THIRD OF SEABORNE COAL SUPPLY AT RISK - WOOD MACKENZIE
The full impact of the coronavirus outbreak on the global economy is yet unclear. However, the demand destruction is already becoming evident, with ...
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- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
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- GVK Power & Infra Limited - India
- Minerals Council of Australia
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- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
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- Global Green Power PLC Corporation, Philippines
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- White Energy Company Limited
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- Bukit Baiduri Energy - Indonesia
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- Chamber of Mines of South Africa
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- Xindia Steels Limited - India
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- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Planning Commission, India
- Bharathi Cement Corporation - India
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- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
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- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
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- Sinarmas Energy and Mining - Indonesia
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- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
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- Aboitiz Power Corporation - Philippines
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- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
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- Miang Besar Coal Terminal - Indonesia
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- Anglo American - United Kingdom
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- Thai Mozambique Logistica
- Indonesian Coal Mining Association
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- Parliament of New Zealand
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- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
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- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
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- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
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- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
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