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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, 01 May 20
GLOBAL COAL DEMAND TO FALL BY 8% IN Q1 2020 RELATIVE TO Q1 2019 - IEA
We expect global coal demand to fall by 8% in Q1 2020 relative to Q1 2019. This significant drop was driven by lower demand in the electricity sect ...
Friday, 01 May 20
LUKOIL SHARES LUBRICANT EXPERIENCE AFTER FIRST 100 DAYS OF OPERATION ON VLSFO
KNOWLEDGE TO ELEVATE
After 100 days of VLSFO operation, LUKOIL Marine Lubricants is sharing recent experience on VLSFO operation with NAVIGO M ...
Wednesday, 29 April 20
OIL CLOSES IN ON PEAK OVERSUPPLY - WOOD MACKENZIE
Are we now deep in the abyss? Up to our necks in it, if the oil price is any guide. Brent has now tested sub-US$20/bbl in this downturn and WTI sub ...
Monday, 27 April 20
INCIDENT INVESTIGATION: SEARCH FOR THE CAUSE, NOT THE VILLAIN - GARD
Incident investigations often conclude with placing the blame for an incident on the crew. Causes of the incidents are usually identified as proced ...
Monday, 27 April 20
A 58,000DWT VESSEL WAS FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY WC INDIA, AT $4,500 - BALTIC BRIEFING
Capesize
The tide turned this week for the Capesize market, as voyage rates registered dramatically falling fuel costs. This was led primarily ...
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- Borneo Indobara - Indonesia
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- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
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- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Romanian Commodities Exchange
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- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Economic Council, Georgia
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
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- Siam City Cement PLC, Thailand
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- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Indonesian Coal Mining Association
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- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
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- GN Power Mariveles Coal Plant, Philippines
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- Pendopo Energi Batubara - Indonesia
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- Price Waterhouse Coopers - Russia
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- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
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- Merrill Lynch Commodities Europe
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- PowerSource Philippines DevCo
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- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
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- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
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- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
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- Mjunction Services Limited - India
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- Bhoruka Overseas - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
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- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Australian Coal Association
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- VISA Power Limited - India
- Minerals Council of Australia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
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