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