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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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Wednesday, 26 February 20
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Showing 1106 to 1110 news of total 6871 |
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- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
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