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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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Wednesday, 19 December 18
GLOBAL COAL DEMAND SET TO REMAIN STABLE THROUGH 2023, DESPITE HEADWINDS - IEA
While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as decli ...
Wednesday, 19 December 18
GLOBAL SHIPPING SCOUTS FOR FUTURE GROWTH - PETER SAND, BIMCO
Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we sh ...
Wednesday, 19 December 18
SHIPPING MARKET INSIGHT - INTERMODAL
As another year is coming to an end, it is interesting to look at the main shipping markets and how these performed compared to 2017.
&nb ...
Tuesday, 18 December 18
COAL DEMAND WILL REMAIN STEADY THROUGH 2023, INTERNATIONAL ENERGY AGENCY SAYS - TOM DICHRISTOPHER, CNBC
Coal consumption is on the rise but will remain roughly stable over the next five years, the International Energy Agency forecasts.
...
Tuesday, 18 December 18
DRY BULK: IN ABSOLUTE TERMS, ALL MAIN SIZE SEGMENTS SAW THEIR ACTUAL VOLATILITY FIGURES DECREASE - ALLIED
Since the beginning of 2016, when the dry bulk market reached its absolute bottom, freight rates have been ever since on an upward trajectory. Taki ...
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Showing 1521 to 1525 news of total 6871 |
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- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- The University of Queensland
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Parliament of New Zealand
- Eastern Energy - Thailand
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
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