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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, 12 February 20
COAL INDIA WILL EXCEED LAST YEAR'S PRODUCTION FIGURES: OFFICIAL - PTI
Despite coal production being hampered at Dipka mines due to prolonged rains, Coal India Ltd will exceed last year’s production figures, a to ...
Wednesday, 12 February 20
MARKET INSIGHT - INTERMODAL
The recent Coronavirus outbreak in China has led to a global health emergency by World Health Organization and it is yet to be seen how long the ph ...
Wednesday, 12 February 20
CHANGES IN LNG MARKET COULD UNDERCUT PLANS FOR NEW JAPANESE COAL PLANTS - CLYDE RUSSELL
Reuters: Clyde Russell
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a short-term phenomenon that may wel ...
Wednesday, 12 February 20
THE SHIPPING INDUSTRY SEES FREIGHT MARKETS IN A COMPLETE STATE OF COLLAPSE AS DEMAND GETS PARALYZED DUE TO CORONAVIRUS OUTBREAK - ALLIED
With China and the world still trying to contain the effects and come to terms with the Wuhan novel coronavirus outbreak, the shipping industry see ...
Wednesday, 12 February 20
WORLD STEEL PRODUCTION IN 2019 - BANCHERO COSTA
In a worrying development, global steel production slowed down considerably in the fourth quarter of 2019. In the final 3 months of 2019, total cru ...
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Showing 1141 to 1145 news of total 6871 |
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- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- The University of Queensland
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Planning Commission, India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
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