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