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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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Monday, 24 February 20
CHINA SAYS MAJOR COAL FIRMS RESTORE 95% OF PRODUCTION CAPACITY - REUTERS
China’s coal companies controlled by the central government have resumed operations and are back at more than 95% of their capacity, an offic ...
Sunday, 23 February 20
SHIPPING INDUSTRY FACES $370 MILLION HIT FROM NEW PANAMA CANAL CHARGE - REUTERS
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up ...
Sunday, 23 February 20
A 57,000DWT SHIP FIXING DELIVERY SOUTH KALIMANTAN TRIP, REDELIVERY CJK, AT $7,600 - BALTIC BRIEFING
Capesize
The Capesize market found little to cheer about this week as it again endured remarkable lows. The Atlantic continued to improve, with ...
Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank
One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...
Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...
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- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
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- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
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- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- The University of Queensland
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- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
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- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
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- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
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- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
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- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
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- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
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- Indian Energy Exchange, India
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- Bharathi Cement Corporation - India
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
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- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
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- Indonesian Coal Mining Association
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- The State Trading Corporation of India Ltd
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- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
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- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
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- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
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- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
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