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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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Monday, 08 April 19
THERMAL COAL PRICES FALL, INDIAN POWER PLANTS TO SEE LIMITED GAINS - BUSINESS STANDARD
Thermal coal prices are on a downward spiral globally. Australian coal prices have fallen nearly 20 per cent in the past week, and 40 per cent from ...
Monday, 08 April 19
CHEAP COAL SWELLS IN SOUTHEAST ASIA, FOILING GLOBAL GREEN PUSH - NIKKEI
Southeast Asian countries are turning to low-cost coal to satisfy their surging electricity demand as the West shies away from the fossil fuel unde ...
Monday, 08 April 19
SULPHUR 2020 - COUNTDOWN TO THE SWITCHOVER - LLOYD'S REGISTER
Sulphur 2020 (MARPOL Annex VI Reg. 14.1.3) is still dominating headlines and as we draw closer to the 1 January 2020 deadline it’s clear that ...
Monday, 08 April 19
INDONESIAN COAL PRICE REFERENCE PRICE PLUMMETS TO LOW NOT SEEN SINCE AUGUST 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Sunday, 07 April 19
SHIP PASSAGE PLANS - NO ROOM FOR ERROR! - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The English High Court’s judgment in Alize 1954 v Allianz Elementar Versicherungs AG (The CMA CGM Libra) is an impo ...
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- Sical Logistics Limited - India
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- Planning Commission, India
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- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
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- Trasteel International SA, Italy
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- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
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- Commonwealth Bank - Australia
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- Parry Sugars Refinery, India
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- The State Trading Corporation of India Ltd
- Minerals Council of Australia
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- Electricity Authority, New Zealand
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- Merrill Lynch Commodities Europe
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- Eastern Coal Council - USA
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- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
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- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
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- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
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- SMG Consultants - Indonesia
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- Semirara Mining Corp, Philippines
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- PTC India Limited - India
- Independent Power Producers Association of India
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- Port Waratah Coal Services - Australia
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- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
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- Interocean Group of Companies - India
- PowerSource Philippines DevCo
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
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- Directorate General of MIneral and Coal - Indonesia
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- Larsen & Toubro Limited - India
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- Agrawal Coal Company - India
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- Bhatia International Limited - India
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- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
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- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
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- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
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- Ministry of Transport, Egypt
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- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
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- The Treasury - Australian Government
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- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
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- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Australian Coal Association
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- ASAPP Information Group - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bulk Trading Sa - Switzerland
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- GMR Energy Limited - India
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