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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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Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...
Saturday, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...
Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...
Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...
Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...
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- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Planning Commission, India
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Economic Council, Georgia
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- PTC India Limited - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
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