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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, 30 November 19
IMO2020 GLOBAL SULPHUR CUT: GERMAN SHIPPING TO USE NEW TYPE OF FUEL VDR SURVEY
IMO2020 Global sulphur cut: German shipping to use new type of fuel VDR survey: Technical issues and costs are the biggest challenges - VDR
&nb ...
Saturday, 30 November 19
PANAMAX: LEVELS IMPROVED IN THE PACIFIC MARKET TOO WITH $11,000 BEING CONCLUDED ON AN 81,000DWT SHIP FOR AN INDONESIA TO CHINA COAL TRIP - BALTIC BRIEFING
Capesize
The market has been well supported over the past week, led primarily by the Atlantic Basin. After bottoming last week, sentiment was s ...
Friday, 29 November 19
FITCHRATINGS MAINTAINS NEGATIVE 2020 OUTLOOK ON SHIPPING, AS TIGHTER SUPPLY HELPS, BUT SOFTER DEMAND DRAGS
Fitch’s Sector Outlook: Negative
We maintain a negative sector outlook for global shipping because of the forecast slowdown of ...
Friday, 29 November 19
INDONESIA PRODUCES 390 MLN TONNES OF COAL IN JAN-SEPT: MINISTER - REUTERS
Indonesia’s production of coal for the January-September period was 390 million tonnes, Energy and Mineral Resources Minister Arifin Tasrif s ...
Wednesday, 27 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the end of the fourth quarter is approaching, one could say that the wet market has maintained the strong pace observed during the third qu ...
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- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
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