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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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Sunday, 30 December 18
MAJOR LNG BUYERS' UNCONTRACTED DEMAND TO QUADRUPLE BY 2030 - WOOD MACKENZIE
Wood Mackenzie’s latest research reveals that uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 million ...
Saturday, 29 December 18
DELIVERY OF CARGO WITHOUT PRODUCTION OF THE ORIGINAL BILL OF LADING - TT CLUB
KNOWLEDGE TO ELEVATE
As the bill of lading is a document of title, a person presenting it to the carrier or its agent is ostensibly entitled t ...
Friday, 28 December 18
BIMCO 2020 SULPHUR CLAUSES: "A FAIR ALLOCATION OF RESPONSIBILITIES AND LIABILITIES'? - INCE & CO.
To assist owners and charterers to address the legal issues arising under any time charterparties, which will span the 1 January 2020 implementatio ...
Thursday, 27 December 18
DRY BULKERS SPOT FREIGHT MARKET W/E 21 DEC - ALLIED SHIPBROKING
Capesize
A negative week for the Capesize sector, as activity remained at low levels, especially in the Pacific, with rumors regarding agreed r ...
Thursday, 27 December 18
SHIPPING IS ENTERING A NEW ERA OF EVER CHALLENGING CONDITIONS - ALLIED
As we move closer to the end of the year and we look forward into New Year, we are still finding ourselves looking deep into a market outlook full ...
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- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
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