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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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Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
Sunday, 09 April 23
CHINA’S BUSINESS INCOME REBOUND POINTS TO IMPROVING ECONOMY: OFFICIAL - XINHUA
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy.
...
Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by ...
Thursday, 06 April 23
MARKET INSIGHT - INTERMODAL
LNG Current Supply/Demand Dynamics
This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourag ...
Sunday, 26 March 23
EUROPE’S RUSH TO LNG COULD TURN INTO 'WORLD’S MOST EXPENSIVE AND UNNECESSARY INSURANCE POLICY'- CNBC
Europe’s rapid buildout of liquefied natural gas infrastructure is on track to far exceed demand by the end of the decade, according to new r ...
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- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Australian Coal Association
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
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