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