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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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Saturday, 11 January 20
BALTIC BRIEFING TANKER REPORT - WEEK 2
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Saturday, 11 January 20
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Friday, 10 January 20
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China’s benchmark power coal price remains flat
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Thursday, 09 January 20
NEW IMO LIFEBOAT REQUIREMENTS ENTER INTO FORCE - STANDARD CLUB
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Thursday, 09 January 20
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- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Planning Commission, India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
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