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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, 04 February 20
CAPE: THE AVERAGE EARNINGS PER DAY FELL BENEATH THE USD 4,000, A LEVEL CONSIDERABLY BELOW EVEN THE MOST CONSERVATIVE OPEX LEVELS - ALLIED
The recent slump in the dry bulk freight market may well have been expected to some degree, but despite this the shock was still overwhelming when ...
Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...
Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...
Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize
The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...
Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...
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- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
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- Kepco SPC Power Corporation, Philippines
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- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- The University of Queensland
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- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Mjunction Services Limited - India
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- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
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- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
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- Global Business Power Corporation, Philippines
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- Singapore Mercantile Exchange
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- Xindia Steels Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Siam City Cement - Thailand
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- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
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- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
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- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
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- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
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- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
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- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
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- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
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- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
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- Mintek Dendrill Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
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- Riau Bara Harum - Indonesia
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- SMG Consultants - Indonesia
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- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- ICICI Bank Limited - India
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- Romanian Commodities Exchange
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- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
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- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
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- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
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- Minerals Council of Australia
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- Economic Council, Georgia
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- Chamber of Mines of South Africa
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- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
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- Global Green Power PLC Corporation, Philippines
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- OPG Power Generation Pvt Ltd - India
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- Coal and Oil Company - UAE
- Central Electricity Authority - India
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- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
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