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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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Friday, 14 February 20
KOWEPO INVITED BIDS FOR 1.275 MILLION TONS OF MIN. 5,600 NCV COAL
COALspot.com: Korea Western Power Co. Ltd (KOWEPO). as a representative of five Korean Gencos has issued an international tender for total 1,275,00 ...
Friday, 14 February 20
IS THE US COAL INDUSTRY COMPLETELY BURNED OUT? -FORBES
This is the fourth of a multi-part series on the state of the main sources of energy in the US and how they compare globally. The series will cover ...
Friday, 14 February 20
FITCH RTGS: GLOBAL PORTS VULNERABLE TO CORONAVIRUS - RELATED VOLUME DECLINES
Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which would become more severe should Chinese production take ...
Thursday, 13 February 20
INDIA: MAJOR PORTS SHOW MUTED GROWTH IN CARGO AS THERMAL COAL VOLUME SLIDES 15% - BUSINESS STANDARD
A sharp slide of 15 per cent in thermal coal volumes weighed on the performance of major ports during the period of April-January of FY20. The majo ...
Wednesday, 12 February 20
REFINING SET FOR A CHALLENGING 2020 - WOOD MACKENZIE
Downstream isn’t the glamorous end of the oil business. And in Big Oil, it’s typically dwarfed by upstream. Yet having been forced to r ...
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- Altura Mining Limited, Indonesia
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- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
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- PTC India Limited - India
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- The Treasury - Australian Government
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- Central Java Power - Indonesia
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- SN Aboitiz Power Inc, Philippines
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- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
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- AsiaOL BioFuels Corp., Philippines
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- Sojitz Corporation - Japan
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- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
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- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
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- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
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- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
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- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
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- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
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- IHS Mccloskey Coal Group - USA
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- Aboitiz Power Corporation - Philippines
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- Singapore Mercantile Exchange
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- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Minerals Council of Australia
- ASAPP Information Group - India
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- Merrill Lynch Commodities Europe
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- Tamil Nadu electricity Board
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- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
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- Indika Energy - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
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- Eastern Energy - Thailand
- London Commodity Brokers - England
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- Medco Energi Mining Internasional
- Mjunction Services Limited - India
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- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- White Energy Company Limited
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- Ministry of Mines - Canada
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- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Marubeni Corporation - India
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