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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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- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
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- Chettinad Cement Corporation Ltd - India
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- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
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- Central Electricity Authority - India
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- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
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- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- White Energy Company Limited
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- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
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- Bharathi Cement Corporation - India
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- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
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- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
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- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
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