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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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Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- The University of Queensland
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Planning Commission, India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- PTC India Limited - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Economic Council, Georgia
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
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