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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, 14 January 20
MABUX: BUNKER MARKET THIS MORNING, JAN.14
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) changed insignificant and i ...
Tuesday, 14 January 20
SHIPPING MARKET ANALYSIS - ALLIED SHIPBROKING
Uncertainty in the global geopolitical sphere seems to have not come to an end along with 2019, as 2020 commenced with renewed tensions between the ...
Tuesday, 14 January 20
DRY BULK MARKET: "THIS IS NOT THE END OF COAL" SAYS IEA - BALTIC EXCHANGE
A historic drop in coal-fired electricity generation will not sway global coal demand from its upward trajectory through to 2024, though growth wil ...
Saturday, 11 January 20
ARE YOU 95% CONFIDENT THAT YOUR VERY LOW SULPHUR FUEL IS ON SPEC AND MARPOL COMPLIANT? - GARD
KNOWLEDGE TO ELEVATE
Bunker fuel is a commodity and, like all commodities, is produced and sold according to specifications. Bunkers are usual ...
Saturday, 11 January 20
NEW PRICING COULD SPELL TROUBLE FOR CHINA'S COAL SECTOR - CHINA DIALOGUE
Benchmark coal tariffs have been the foundation of China’s electricity pricing since 2004 but this mechanism was replaced on January 1 with a ...
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- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
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- Siam City Cement - Thailand
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
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- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Central Java Power - Indonesia
- The University of Queensland
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
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- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
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