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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, 18 February 23
PAKISTAN PLANS TO QUADRUPLE DOMESTIC COAL-FIRED POWER, MOVE AWAY FROM GAS - REUTERS
Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming ...
Saturday, 18 February 23
2023 MARINE FUEL MARKET PREDICTIONS - JOHN BERGMAN, AURAMARINE
The drive for decarbonisation we witnessed in 2022 has continued into 2023, demonstrating the shipping’s industry positive strides in the fas ...
Saturday, 28 January 23
COAL GROWTH BLIP NOT TO BE REPEATED - BALTIC EXCHANGE
As 2022 drew to a close, global coal demand looked set to end the year just 1.2% up on the previous year. But that small increase was enough to pus ...
Thursday, 26 January 23
CHINA'S COAL OUTPUT INCREASES IN DECEMBER 2022 - XINHUA
China’s raw coal output posted stable expansion in December 2022, official data showed.
The country produced 400 million tonne ...
Thursday, 26 January 23
COKING COAL NARROWS THE GAP ON THERMAL AS CHINA REOPENS - REUTERS
The premium of high-grade thermal coal over coking coal in Asia is shrinking as China’s re-opening and ending of a ban on imports from Austra ...
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- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
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- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
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- Sakthi Sugars Limited - India
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- Indian Energy Exchange, India
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- Australian Commodity Traders Exchange
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- Madhucon Powers Ltd - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bangladesh Power Developement Board
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- PowerSource Philippines DevCo
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- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
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- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
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- Anglo American - United Kingdom
- Ministry of Mines - Canada
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- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
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- MS Steel International - UAE
- White Energy Company Limited
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- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
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- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
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- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Tamil Nadu electricity Board
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- Standard Chartered Bank - UAE
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- South Luzon Thermal Energy Corporation
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- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
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- Deloitte Consulting - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
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- Africa Commodities Group - South Africa
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- Coal and Oil Company - UAE
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- The University of Queensland
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- Minerals Council of Australia
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- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
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- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
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- Indonesian Coal Mining Association
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- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
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- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
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- Bukit Baiduri Energy - Indonesia
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- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
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- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
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- New Zealand Coal & Carbon
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- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
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- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
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- McConnell Dowell - Australia
- Wilmar Investment Holdings
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