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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, 19 February 20
MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that th ...
Wednesday, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
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- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
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- Anglo American - United Kingdom
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- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Aditya Birla Group - India
- Planning Commission, India
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
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- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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