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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, 21 March 19
PRICE PLUNGE AS CHINESE LEAVE THERMAL COAL OUT IN THE COLD - AUSTRALIAN FINANCIAL REVIEW
Thermal coal exporter New Hope Corporation says China’s shipment squeeze on Australia is putting downward pressure on prices in all markets i ...
Wednesday, 20 March 19
COAL EXPORT FEARS RESURFACE AS RESTRICTIONS HIT MORE CHINESE PORTS AND AUSTRALIAN PRICES COP A 'BELTING' - ABC
Australian thermal coal exports to China are under increasing pressure, with indications import restrictions are spreading to other key ports.
...
Monday, 18 March 19
A 56,000DWT SHIP FIXED DELIVERY FOR A SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY CHINA, AT $10,000 - BALTIC BRIEFING
Capesize
The Baltic Capesize market shrugged off its recent negative sentiment to post daily incremental improvements over the last week. Pacif ...
Saturday, 16 March 19
AUSTRALIAN COAL STILL FACING CHINESE DELAY - AAP
Australian coal exports to China are still facing delays, with protectionism and environmental checks blamed for the slowdown.
Coal ...
Thursday, 14 March 19
SUPRAMAX: INDO COAL CARGOES GETTING FIXED AT AROUND US$ 12000 TO CHINA - FEARNLEYS
Capesize
Average daily earning still well below operating costs, and owners keep bleeding - but nevertheless finally some bright spots for the ...
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- Goldman Sachs - Singapore
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- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
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- Baramulti Group, Indonesia
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- Global Business Power Corporation, Philippines
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- Jorong Barutama Greston.PT - Indonesia
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- Power Finance Corporation Ltd., India
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- Altura Mining Limited, Indonesia
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- Ministry of Finance - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
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- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
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- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
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- Petron Corporation, Philippines
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- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
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- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
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- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
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- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
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- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
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- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
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- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Tamil Nadu electricity Board
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- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
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- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
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- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
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- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
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