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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, 03 March 20
IMPORTANCE OF MASTER'S CARGO CHECKS - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
Adecision in recent High Court case has made it clear that there is no implied indemnity from a charterer to their counte ...
Tuesday, 03 March 20
COAL'S SHARE OF CHINA ENERGY MIX FALLS IN 2019 BUT CONSUMPTION STILL RISING - REUTERS
Coal accounted for 57.7% of China’s primary energy consumption in 2019, the National Bureau of Statistics said on Friday, down 1.5 percentage ...
Monday, 02 March 20
SHIPOWNERS AND OPERATORS COULD FACE DETENTION OF SHIPS FROM 1ST MARCH UNDER IMO RULE - ICS
Port state control authorities will begin to enforce the IMO’s Sulphur 2020 from 1st March, making it an offense for ships to carry fuel that ...
Saturday, 29 February 20
SUPRAMAX SENTIMENT WAS UP IN A FEW KEY AREAS OVER THE LAST WEEK - BALTIC BRIEFING
Capesize
The Capesize market woes related to Coronavirus have now spread through the wider global markets like wildfire. The wider supply and d ...
Thursday, 27 February 20
FOREIGN COMPANIES LIKELY TO SKIP COMMERCIAL COAL BLOCK AUCTIONS - ECONOMIC TIMES
The Centre is in the process of inviting global players for commercial mining, following 100% foreign direct investment in the sector. However, giv ...
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- Australian Coal Association
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Planning Commission, India
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- GMR Energy Limited - India
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Sical Logistics Limited - India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
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